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Elite Material TWSE:2383 Stock Report

Last Price

NT$473.00

Market Cap

NT$154.5b

7D

7.1%

1Y

12.0%

Updated

21 Nov, 2024

Data

Company Financials +

Elite Material Co., Ltd.

TWSE:2383 Stock Report

Market Cap: NT$154.5b

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
Valuation4/6
Future Growth2/6
Past Performance5/6
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$473.00
52 Week HighNT$550.00
52 Week LowNT$350.50
Beta1.1
11 Month Change8.49%
3 Month Change6.05%
1 Year Change11.95%
33 Year Change75.51%
5 Year Change276.89%
Change since IPO3,475.08%

Recent News & Updates

Recent updates

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%

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

Shareholder Returns

2383TW ElectronicTW Market
7D7.1%-2.4%-0.8%
1Y12.0%32.4%29.0%

Return vs Industry: 2383 underperformed the TW Electronic industry which returned 32.4% over the past year.

Return vs Market: 2383 underperformed the TW Market which returned 29% over the past year.

Price Volatility

Is 2383's price volatile compared to industry and market?
2383 volatility
2383 Average Weekly Movement6.2%
Electronic Industry Average Movement5.4%
Market Average Movement4.5%
10% most volatile stocks in TW Market8.0%
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 (6%) 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$154.49b
Earnings (TTM)NT$8.92b
Revenue (TTM)NT$58.70b

18.3x

P/E Ratio

2.8x

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

2.1%

Current Dividend Yield

39%

Payout Ratio