Elite Material Co., Ltd.

TWSE:2383 Stock Report

Market Cap: NT$205.8b

Elite Material Future Growth

Future criteria checks 3/6

Elite Material is forecast to grow earnings and revenue by 14.6% and 13.5% per annum respectively. EPS is expected to grow by 14.7% per annum. Return on equity is forecast to be 29.9% in 3 years.

Key information

14.6%

Earnings growth rate

14.7%

EPS growth rate

Electronic earnings growth24.7%
Revenue growth rate13.5%
Future return on equity29.9%
Analyst coverage

Good

Last updated20 Dec 2024

Recent future growth updates

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

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

Recent updates

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%

Earnings and Revenue Growth Forecasts

TWSE:2383 - Analysts future estimates and past financials data (TWD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202680,18912,3828,49014,4068
12/31/202570,53610,9096,27112,37313
12/31/202462,8449,4393,15911,41910
9/30/202458,6978,9165294,836N/A
6/30/202453,1088,4223004,191N/A
3/31/202446,8406,987-1,0912,596N/A
12/31/202341,2965,488-4082,890N/A
9/30/202337,3024,8612,0935,696N/A
6/30/202335,3104,1462,9516,666N/A
3/31/202336,1134,2291,9717,795N/A
12/31/202238,6735,0739547,498N/A
9/30/202239,9465,204-1,9665,897N/A
6/30/202240,8405,687-6565,126N/A
3/31/202240,4155,8549094,611N/A
12/31/202138,5005,4931,5074,022N/A
9/30/202135,8554,9793,4063,803N/A
6/30/202132,5534,3102,4254,419N/A
3/31/202129,2963,9202,1293,481N/A
12/31/202027,2013,6892,2743,517N/A
9/30/202026,4643,8491,9033,057N/A
6/30/202025,9653,6861,4932,878N/A
3/31/202025,7033,4982,0743,399N/A
12/31/201924,8663,2411,3292,466N/A
9/30/201923,4892,5319441,949N/A
6/30/201922,9732,2231,0081,817N/A
3/31/201922,6501,9518101,634N/A
12/31/201822,8911,7511,3342,087N/A
9/30/201823,2081,8921,8682,604N/A
6/30/201822,8902,012N/A2,878N/A
3/31/201823,1562,346N/A2,816N/A
12/31/201723,6102,791N/A3,060N/A
9/30/201723,7673,017N/A3,205N/A
6/30/201723,7293,071N/A3,084N/A
3/31/201723,0152,934N/A2,912N/A
12/31/201622,0702,770N/A2,601N/A
9/30/201621,2182,574N/A2,615N/A
6/30/201621,1232,520N/A2,984N/A
3/31/201620,7282,403N/A3,546N/A
12/31/201520,8702,389N/A3,575N/A
9/30/201521,0852,329N/A2,839N/A
6/30/201520,1722,015N/A2,657N/A
3/31/201519,6581,833N/A1,887N/A
12/31/201418,8851,539N/A1,976N/A
9/30/201417,7501,185N/A2,236N/A
6/30/201417,1611,000N/A1,641N/A
3/31/201416,922896N/A1,641N/A
12/31/201316,873836N/A1,247N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2383's forecast earnings growth (14.6% per year) is above the savings rate (1.1%).

Earnings vs Market: 2383's earnings (14.6% per year) are forecast to grow slower than the TW market (19.2% per year).

High Growth Earnings: 2383's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2383's revenue (13.5% per year) is forecast to grow faster than the TW market (12.1% per year).

High Growth Revenue: 2383's revenue (13.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2383's Return on Equity is forecast to be high in 3 years time (29.9%)

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:11
End of Day Share Price 2024/12/20 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 24 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
Warren LauAletheia Analyst Network Limited
Skye ChenAletheia Analyst Network Limited
Mike YangBofA Global Research