Skip to main content

Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

Elite Material Co., Ltd. (2383) Stock Price & Analysis

2383 Stock Chart & Stats

NT$3,820.00-NT$280.00(-6.83%)
At close: 12:30 AM EST
TWD 4KTWD 5KTWD 6KAug 10Aug 24Sep 7Sep 21Oct 5Oct 19Nov 2
Day’s Range
TWD 3,690.00 - TWD 3,920.00
52-Week Range
TWD 1,295.00 - TWD 6,470.00
Previous Close
TWD 4,100.00
Volume
N/A
Average Volume (3M)
2.89M
Market Cap
TWD 1.37T
Enterprise Value
TWD 1.78T
Total Cash (Recent Filing)
TWD 29.68B
Total Debt (Recent Filing)
TWD 44.90B
Price to Earnings (P/E)
43.6
Beta
1.71
Next Earnings
Feb 25, 2027 (Est.)
EPS Estimate
48.88
Last Dividend Ex-Date
Aug 28, 2026
Dividend Yield
0.65%

Bulls Say, Bears Say

Bulls Say

Strong Growth And Margins

The combination of strong revenue growth and expanded gross, operating, and net margins indicates improved profitability and operating leverage. If maintained, this performance can strengthen internal funding capacity, support investment in advanced materials, and improve resilience across the next several quarters.

Specialty Materials Positioning

Elite Material operates in specialized electronic materials rather than a broad, undifferentiated manufacturing category. Its products are embedded in high-performance printed circuit boards serving computing and networking applications, supporting a durable role in important electronics supply chains.

Strong Returns And Capitalization

Very high return on equity and growing equity indicate that the company is currently converting its capital base into substantial profits. The description of the balance sheet as well-capitalized provides a foundation for continued expansion, although the associated leverage trend requires monitoring.

Bears Say

Weak Cash Conversion

Negative free cash flow means recent earnings are not translating into spendable cash, while operating cash flow captures only a modest share of reported net income. This can constrain internally funded growth and indicates that investment or working-capital demands are absorbing profitability.

Increasing Leverage

The rise in debt-to-equity increases financial obligations as the business expands and makes returns more dependent on continued profitability. Higher leverage can reduce flexibility if earnings cool, so the pace of borrowing is a durable balance-sheet risk despite the company remaining well-capitalized.

Cyclical Growth Sustainability

The unusually large improvement in growth and earnings creates a demanding sustainability challenge because the company serves cyclical hardware supply chains. If end-market conditions normalize, operating leverage and recently expanded margins could moderate from current elevated levels.

Elite Material Co., Ltd. News

2383 FAQ

What was Elite Material Co., Ltd.’s price range in the past 12 months?
Elite Material Co., Ltd. lowest stock price was TWD 1295.00 and its highest was TWD 6470.00 in the past 12 months.
What is Elite Material Co., Ltd.’s market cap?
Elite Material Co., Ltd.’s market cap is TWD 1.37T.
When is Elite Material Co., Ltd.’s upcoming earnings report date?
Elite Material Co., Ltd.’s next earnings report is estimated for Feb 25, 2027 (not yet confirmed), which is in 107 days.
How were Elite Material Co., Ltd.’s earnings last quarter?
Elite Material Co., Ltd. released its earnings results on Oct 28, 2026. The company reported TWD 40.47 earnings per share for the quarter, beating the consensus estimate of TWD 35.53 by TWD 4.94.
Is Elite Material Co., Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Elite Material Co., Ltd. pay dividends?
Elite Material Co., Ltd. pays a ― dividend of TWD 25 which represents an annual dividend yield of 0.65%. See more information on Elite Material Co., Ltd. dividends here
What is Elite Material Co., Ltd.’s EPS estimate?
Elite Material Co., Ltd.’s EPS estimate is 48.88.
How many shares outstanding does Elite Material Co., Ltd. have?
Elite Material Co., Ltd. has 358,321,100 shares outstanding.
What happened to Elite Material Co., Ltd.’s price movement after its last earnings report?
Elite Material Co., Ltd. reported an EPS of TWD 40.47 in its last earnings report, beating expectations of TWD 35.53. Following the earnings report the stock price went up 5.789%.
Which hedge fund is a major shareholder of Elite Material Co., Ltd.?
Currently, no hedge funds are holding shares in TW:2383
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology