Elite Material Co., Ltd. Logo

Elite Material Co., Ltd.

2383.TW

(3.0)
Stock Price

475,00 TWD

9.5% ROA

23.92% ROE

26.28x PER

Market Cap.

130.324.599.552,00 TWD

42.81% DER

2.2% Yield

13.29% NPM

Elite Material Co., Ltd. Stock Analysis

Elite Material Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Elite Material Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (22.34%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a low debt to equity ratio (43%), which means it has a small amount of debt compared to the ownership it holds

3 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

6 ROA

The stock's ROA (9.5%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (4.071) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (5.62x) suggests it's overvalued, potentially making it an expensive investment.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Elite Material Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Elite Material Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Elite Material Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Elite Material Co., Ltd. Revenue
Year Revenue Growth
2006 7.326.976.000
2007 8.630.558.000 15.1%
2008 8.918.166.000 3.22%
2009 9.885.533.000 9.79%
2010 13.487.405.000 26.71%
2011 14.738.806.000 8.49%
2012 15.960.163.000 7.65%
2013 16.873.122.000 5.41%
2014 18.884.745.000 10.65%
2015 20.869.717.000 9.51%
2016 22.069.584.000 5.44%
2017 23.609.983.000 6.52%
2018 22.890.928.000 -3.14%
2019 24.865.522.000 7.94%
2020 27.200.786.000 8.59%
2021 38.500.026.000 29.35%
2022 38.672.549.000 0.45%
2023 47.498.004.000 18.58%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Elite Material Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 51.655.000
2007 41.528.000 -24.39%
2008 30.121.000 -37.87%
2009 35.987.000 16.3%
2010 43.239.000 16.77%
2011 65.230.000 33.71%
2012 144.557.000 54.88%
2013 205.102.000 29.52%
2014 167.009.000 -22.81%
2015 182.457.000 8.47%
2016 202.737.000 10%
2017 277.500.000 26.94%
2018 415.923.000 33.28%
2019 500.441.000 16.89%
2020 582.679.000 14.11%
2021 770.530.000 24.38%
2022 953.132.000 19.16%
2023 1.343.452.000 29.05%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Elite Material Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 219.297.000
2007 213.964.000 -2.49%
2008 209.579.000 -2.09%
2009 270.830.000 22.62%
2010 305.404.000 11.32%
2011 292.142.000 -4.54%
2012 343.231.000 14.88%
2013 340.428.000 -0.82%
2014 376.278.000 9.53%
2015 448.953.000 16.19%
2016 588.341.000 23.69%
2017 585.724.000 -0.45%
2018 496.952.000 -17.86%
2019 767.916.000 35.29%
2020 914.229.000 16%
2021 1.264.567.000 27.7%
2022 1.303.681.000 3%
2023 1.731.380.000 24.7%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Elite Material Co., Ltd. EBITDA
Year EBITDA Growth
2006 957.722.000
2007 977.748.000 2.05%
2008 689.297.000 -41.85%
2009 1.367.577.000 49.6%
2010 1.853.417.000 26.21%
2011 1.695.452.000 -9.32%
2012 1.756.059.000 3.45%
2013 1.545.404.000 -13.63%
2014 2.416.244.000 36.04%
2015 3.903.438.000 38.1%
2016 4.413.074.000 11.55%
2017 4.508.584.000 2.12%
2018 3.330.396.000 -35.38%
2019 4.750.303.000 29.89%
2020 5.505.872.000 13.72%
2021 7.704.149.000 28.53%
2022 7.254.768.000 -6.19%
2023 12.004.564.000 39.57%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Elite Material Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 1.065.946.000
2007 1.097.479.000 2.87%
2008 715.611.000 -53.36%
2009 1.812.698.000 60.52%
2010 2.445.126.000 25.86%
2011 2.423.572.000 -0.89%
2012 2.663.604.000 9.01%
2013 2.545.266.000 -4.65%
2014 3.430.572.000 25.81%
2015 5.064.330.000 32.26%
2016 5.765.539.000 12.16%
2017 5.827.978.000 1.07%
2018 4.576.250.000 -27.35%
2019 6.100.303.000 24.98%
2020 7.040.029.000 13.35%
2021 10.068.554.000 30.08%
2022 9.710.062.000 -3.69%
2023 14.336.512.000 32.27%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Elite Material Co., Ltd. Net Profit
Year Net Profit Growth
2006 357.187.000
2007 356.391.000 -0.22%
2008 126.162.000 -182.49%
2009 739.642.000 82.94%
2010 1.218.855.000 39.32%
2011 850.183.000 -43.36%
2012 1.126.846.000 24.55%
2013 836.020.000 -34.79%
2014 1.538.696.000 45.67%
2015 2.389.239.000 35.6%
2016 2.770.355.000 13.76%
2017 2.790.957.000 0.74%
2018 1.751.378.000 -59.36%
2019 3.240.845.000 45.96%
2020 3.688.999.000 12.15%
2021 5.493.218.000 32.84%
2022 5.072.874.000 -8.29%
2023 8.089.724.000 37.29%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Elite Material Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 1 0%
2008 0 0%
2009 3 100%
2010 4 50%
2011 3 -100%
2012 4 33.33%
2013 3 -50%
2014 5 50%
2015 8 42.86%
2016 9 12.5%
2017 9 0%
2018 5 -60%
2019 10 50%
2020 11 9.09%
2021 17 31.25%
2022 15 -6.67%
2023 24 37.5%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Elite Material Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -633.635.000
2007 251.968.000 351.47%
2008 -525.772.000 147.92%
2009 1.017.792.000 151.66%
2010 1.202.833.000 15.38%
2011 269.809.000 -345.81%
2012 396.261.000 31.91%
2013 449.396.000 11.82%
2014 1.488.974.000 69.82%
2015 3.337.328.000 55.38%
2016 2.077.286.000 -60.66%
2017 2.336.876.000 11.11%
2018 1.334.642.000 -75.09%
2019 1.301.837.000 -2.52%
2020 2.274.360.000 42.76%
2021 1.431.907.000 -58.83%
2022 954.436.000 -50.03%
2023 -752.789.000 226.79%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Elite Material Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 70.441.000
2007 1.077.239.000 93.46%
2008 -49.992.000 2254.82%
2009 1.188.149.000 104.21%
2010 1.692.297.000 29.79%
2011 1.147.187.000 -47.52%
2012 1.179.274.000 2.72%
2013 1.246.843.000 5.42%
2014 1.975.778.000 36.89%
2015 3.574.639.000 44.73%
2016 2.600.572.000 -37.46%
2017 3.060.277.000 15.02%
2018 2.087.021.000 -46.63%
2019 2.465.906.000 15.36%
2020 3.517.212.000 29.89%
2021 4.021.522.000 12.54%
2022 7.498.208.000 46.37%
2023 -76.423.000 9911.45%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Elite Material Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 704.076.000
2007 825.271.000 14.69%
2008 475.780.000 -73.46%
2009 170.357.000 -179.28%
2010 489.464.000 65.2%
2011 877.378.000 44.21%
2012 783.013.000 -12.05%
2013 797.447.000 1.81%
2014 486.804.000 -63.81%
2015 237.311.000 -105.13%
2016 523.286.000 54.65%
2017 723.401.000 27.66%
2018 752.379.000 3.85%
2019 1.164.069.000 35.37%
2020 1.242.852.000 6.34%
2021 2.589.615.000 52.01%
2022 6.543.772.000 60.43%
2023 676.366.000 -867.49%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Elite Material Co., Ltd. Equity
Year Equity Growth
2006 2.668.692.000
2007 3.108.346.000 14.14%
2008 3.231.967.000 3.82%
2009 3.985.802.000 18.91%
2010 4.941.468.000 19.34%
2011 5.647.065.000 12.49%
2012 6.294.315.000 10.28%
2013 6.890.271.000 8.65%
2014 8.166.112.000 15.62%
2015 9.680.618.000 15.64%
2016 10.500.913.000 7.81%
2017 11.871.679.000 11.55%
2018 11.914.790.000 0.36%
2019 13.536.569.000 11.98%
2020 16.755.509.000 19.21%
2021 19.773.887.000 15.26%
2022 22.074.564.000 10.42%
2023 24.864.982.000 11.22%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Elite Material Co., Ltd. Assets
Year Assets Growth
2006 8.126.744.000
2007 9.077.939.000 10.48%
2008 8.877.757.000 -2.25%
2009 10.186.407.000 12.85%
2010 11.411.398.000 10.73%
2011 11.636.406.000 1.93%
2012 13.592.555.000 14.39%
2013 14.571.432.000 6.72%
2014 16.703.893.000 12.77%
2015 17.707.829.000 5.67%
2016 19.232.775.000 7.93%
2017 20.800.714.000 7.54%
2018 21.962.463.000 5.29%
2019 25.704.331.000 14.56%
2020 27.856.806.000 7.73%
2021 36.565.061.000 23.82%
2022 43.382.487.000 15.71%
2023 51.912.736.000 16.43%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Elite Material Co., Ltd. Liabilities
Year Liabilities Growth
2006 5.123.477.000
2007 5.652.599.000 9.36%
2008 5.398.716.000 -4.7%
2009 5.912.262.000 8.69%
2010 6.460.346.000 8.48%
2011 5.976.910.000 -8.09%
2012 7.283.955.000 17.94%
2013 7.663.934.000 4.96%
2014 8.528.484.000 10.14%
2015 8.016.049.000 -6.39%
2016 8.720.803.000 8.08%
2017 8.917.202.000 2.2%
2018 10.047.673.000 11.25%
2019 12.167.762.000 17.42%
2020 11.101.297.000 -9.61%
2021 16.791.174.000 33.89%
2022 21.307.923.000 21.2%
2023 27.047.754.000 21.22%

Elite Material Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
111.4
Net Income per Share
14.52
Price to Earning Ratio
26.28x
Price To Sales Ratio
3.49x
POCF Ratio
22.43
PFCF Ratio
62.26
Price to Book Ratio
5.14
EV to Sales
3.5
EV Over EBITDA
16.59
EV to Operating CashFlow
22.89
EV to FreeCashFlow
62.29
Earnings Yield
0.04
FreeCashFlow Yield
0.02
Market Cap
130,32 Bil.
Enterprise Value
130,39 Bil.
Graham Number
155.75
Graham NetNet
-5.15

Income Statement Metrics

Net Income per Share
14.52
Income Quality
0.88
ROE
0.22
Return On Assets
0.1
Return On Capital Employed
0.25
Net Income per EBT
0.74
EBT Per Ebit
0.98
Ebit per Revenue
0.18
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.27
Operating Profit Margin
0.18
Pretax Profit Margin
0.18
Net Profit Margin
0.13

Dividends

Dividend Yield
0.02
Dividend Yield %
2.2
Payout Ratio
0
Dividend Per Share
8.41

Operating Metrics

Operating Cashflow per Share
17.01
Free CashFlow per Share
6.25
Capex to Operating CashFlow
-0.63
Capex to Revenue
-0.1
Capex to Depreciation
-3.2
Return on Invested Capital
0.14
Return on Tangible Assets
0.1
Days Sales Outstanding
157.3
Days Payables Outstanding
136.63
Days of Inventory on Hand
75.03
Receivables Turnover
2.32
Payables Turnover
2.67
Inventory Turnover
4.86
Capex per Share
-10.76

Balance Sheet

Cash per Share
31,27
Book Value per Share
74,26
Tangible Book Value per Share
72
Shareholders Equity per Share
74.26
Interest Debt per Share
32.66
Debt to Equity
0.43
Debt to Assets
0.21
Net Debt to EBITDA
0.01
Current Ratio
1.41
Tangible Asset Value
24,11 Bil.
Net Current Asset Value
5,75 Bil.
Invested Capital
0.43
Working Capital
9,46 Bil.
Intangibles to Total Assets
0.01
Average Receivables
14,16 Bil.
Average Payables
8,69 Bil.
Average Inventory
4789143500
Debt to Market Cap
0.08

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Elite Material Co., Ltd. Dividends
Year Dividends Growth
2007 0
2008 0 0%
2009 0 0%
2010 1 0%
2011 2 100%
2012 2 0%
2013 2 0%
2014 2 0%
2015 2 50%
2016 4 50%
2017 5 0%
2018 5 0%
2019 4 -33.33%
2020 6 40%
2021 7 28.57%
2022 10 30%
2023 8 -25%

Elite Material Co., Ltd. Profile

About Elite Material Co., Ltd.

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 offers printed circuit board; and engages in prepreg business. The company also engages in electronics, telecommunications equipment, and batteries wholesale and retail business; generates and distributes power; manufactures machinery; and engages in import/ export business. Its products are used in various industries, including mobile devices; automotive and infrastructure; and aerospace, industrial, and military. Elite Material Co. Ltd. was incorporated in 1992 and is headquartered in Taoyuang, Taiwan.

CEO
Mr. Ding-Yu Dong
Employee
2.098
Address
No.18, Datong 1st Road
Taoyuan City, 32849

Elite Material Co., Ltd. Executives & BODs

Elite Material Co., Ltd. Executives & BODs
# Name Age
1 Monica Lin
Accounting & Financial Officer
70
2 Mr. Sho-Chang Sun
Senior Vice President
70
3 Mr. Ding-Yu Dong
President, Chief Executive Officer & Chairman
70
4 Ms. Li-Chio Chang
Director of Human Resources Division & Head of Corporate Governance
70
5 Zhi-Cheng Lin
Vice President
70

Elite Material Co., Ltd. Competitors