Elite Material Co., Ltd.

TWSE:2383 Stock Report

Market Cap: NT$141.4b

Elite Material Past Earnings Performance

Past criteria checks 4/6

Elite Material has been growing earnings at an average annual rate of 16.4%, while the Electronic industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 12.9% per year. Elite Material's return on equity is 20.5%, and it has net margins of 13.3%.

Key information

16.4%

Earnings growth rate

15.5%

EPS growth rate

Electronic Industry Growth14.8%
Revenue growth rate12.9%
Return on equity20.5%
Net Margin13.3%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

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

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)?

Revenue & Expenses Breakdown
Beta

How Elite Material makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2383 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2341,2965,4882,7201,267
30 Sep 2337,3024,8612,5971,135
30 Jun 2335,3104,1462,4471,077
31 Mar 2336,1134,2292,4591,002
31 Dec 2238,6735,0732,532953
30 Sep 2239,9465,2041,674939
30 Jun 2240,8405,6872,571841
31 Mar 2240,4155,8542,494825
31 Dec 2138,5005,4932,375771
30 Sep 2135,8554,9792,222683
30 Jun 2132,5534,3102,060651
31 Mar 2129,2963,9201,913618
31 Dec 2027,2013,6891,774583
30 Sep 2026,4643,8491,677566
30 Jun 2025,9653,6861,599530
31 Mar 2025,7033,4981,566511
31 Dec 1924,8663,2411,520500
30 Sep 1923,4892,5311,395488
30 Jun 1922,9732,2231,366483
31 Mar 1922,6501,9511,368435
31 Dec 1822,8911,7511,405416
30 Sep 1823,2081,8921,486370
30 Jun 1822,8902,0121,529345
31 Mar 1823,1562,3461,541318
31 Dec 1723,6102,7911,544278
30 Sep 1723,7673,0171,593250
30 Jun 1723,7293,0711,643215
31 Mar 1723,0152,9341,625209
31 Dec 1622,0702,7701,624203
30 Sep 1621,2182,5741,634192
30 Jun 1621,1232,5201,637191
31 Mar 1620,7282,4031,634182
31 Dec 1520,8702,3891,633182
30 Sep 1521,0852,3291,607181
30 Jun 1520,1722,0151,520173
31 Mar 1519,6581,8331,473159
31 Dec 1418,8851,5391,431167
30 Sep 1417,7501,1851,343175
30 Jun 1417,1611,0001,307185
31 Mar 1416,9228961,286204
31 Dec 1316,8738361,321205
30 Sep 1316,8578911,345209
30 Jun 1316,7239691,350202

Quality Earnings: 2383 has a high level of non-cash earnings.

Growing Profit Margin: 2383's current net profit margins (13.3%) are higher than last year (13.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2383's earnings have grown by 16.4% per year over the past 5 years.

Accelerating Growth: 2383's earnings growth over the past year (8.2%) is below its 5-year average (16.4% per year).

Earnings vs Industry: 2383 earnings growth over the past year (8.2%) exceeded the Electronic industry -23.8%.


Return on Equity

High ROE: 2383's Return on Equity (20.5%) is considered high.


Return on Assets


Return on Capital Employed


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