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Home/Stocks/2368.TW
TWSE · Taiwan · Electronic Components

2368.TW Gold Circuit Electronics

High-layer PCBs for AI servers and switches

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-30
NT$1,020.0
−8.52% today
1W
−8.5%
1M
−8.9%
3M
+39.9%
YTD
+49.5%
1Y
+146.9%
Off 52w high
−31.3%
Next earnings (est.): 2026-11-09
Market capNT$524B≈ $16.07B
P/E (trailing)39.8Forward 15.5
EV / sales6.6×EV/EBITDA 23.4×
Revenue (TTM)NT$77.68BGrowth 75.3% y/y
Margins34.7%gross · op 26.4%
Free cash flowNT$2.03BCash NT$24.20B · debt NT$14.02B
Analyst targetNT$1,610.0+57.8% upside · 9 analysts · none
Riskβ 0.95Short — of float · yield 0.88%

Fundamentals from public market data, refreshed daily (2026-10-30 21:21 UTC). Figures in reporting currency.

2368.TW · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-14EarningsMiss / cut

    Reported EPS 9.11 vs 9.35 expected (-2.6% surprise).

  2. 7
    2026-05-14EarningsMiss / cut

    Reported EPS 6.73 vs 6.93 expected (-2.9% surprise).

  3. 6
    2026-03-12EarningsBeat / raise

    Reported EPS 5.86 vs 5.73 expected (+2.2% surprise).

  4. 5
    2025-11-13EarningsBeat / raise

    Reported EPS 6.49 vs 6.2 expected (+4.6% surprise).

  5. 4
    2025-08-12EarningsMiss / cut

    Reported EPS 3.32 vs 3.42 expected (-2.8% surprise).

  6. 3
    2025-05-14EarningsBeat / raise

    Reported EPS 3.53 vs 3.48 expected (+1.5% surprise).

  7. 2
    2025-03-13EarningsBeat / raise

    Reported EPS 2.64 vs 2.63 expected (+0.6% surprise).

  8. 1
    2024-11-11EarningsMiss / cut

    Reported EPS 3.28 vs 3.5 expected (-6.2% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-149.359.11−2.6%
2026-05-146.936.73−2.9%
2026-03-125.735.86+2.2%
2025-11-136.26.49+4.6%
2025-08-123.423.32−2.8%
2025-05-143.483.53+1.5%
2025-03-132.632.64+0.6%
2024-11-113.53.28−6.2%
2024-08-122.993.06+2.3%
2024-05-132.642.45−7.3%
2024-03-152.652.29−13.7%
2023-11-102.162.39+10.6%
2023-08-111.491.68+12.4%
2023-05-120.870.88+1.5%
2023-03-152.021.92−4.9%
2022-11-142.582.72+5.4%
2022-08-112.73.0+11.1%
2022-05-131.721.66−3.8%
2022-03-231.711.67−2.5%
2021-11-111.611.61—
2021-08-121.391.49+7.5%
2021-05-131.01.21+20.8%
2021-03-260.870.72−16.7%
2020-11-111.311.18−10.2%

About Gold Circuit Electronics

Website ↗

Gold Circuit Electronics Ltd. engages in the manufacturing, processing, and trading of electronic equipment products, such as printed circuit boards in Taiwan. Its products are used for AI/ Advanced Server, networking, notebook, handset products, automotive, and IC tests products. The company was founded in 1981 and is headquartered in Taoyuan City, Taiwan.

Taoyuan City, Taiwan

AI accelerator boards and switch trays need high-layer, low-loss PCBs and copper-clad laminate. Few makers qualify, and layer counts rise every generation.

Glass fabric + copper foil→Laminate (CCL)→PCB→Board

What would prove us wrong. Weakens if PCB makers add high-layer capacity faster than AI board volumes grow.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
2383.TW
Elite Material
Low-loss copper-clad laminate for AI boards NT$4,675.0−6.69%−5.0%+185.5%
6274.TWO
Taiwan Union Technology
High-speed copper-clad laminate NT$1,265.0−8.99%−14.8%+158.1%
TTMI
TTM Technologies
Advanced PCBs for data centers and defence $82.94−5.35%−34.4%+20.2%
4958.TW
Zhen Ding Technology
PCBs and substrates NT$486.0−6.54%−2.5%+244.6%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.