Daily
AI Infrastructure Daily: everything that happened across chips, memory, power, data centers and financing in a 3-minute read, every weekday. Free. Read today's →
NVDA$204.6−4.22%TSM$406.1−5.95%SK hynix₩1,418,000−7.08%Samsung Electronics₩225,000−3.02%MU$884.7−5.30%ASML$1,565.9−6.55%AVGO$326.1−5.48%LITE$840.7−8.57%COHR$210.3−11.34%ANET$168.9−8.34%GEV$857.9−3.38%ETN$370.0−6.03%VRT$232.5−5.46%CEG$262.4−0.83%VST$138.4−1.83%PWR$620.7−2.27%HD Hyundai Electric₩424,500−3.63%MP$39.57−4.97%FCX$62.47−5.55%CCJ$76.91−7.88%MSFT$521.9−1.55%META$615.0−1.53%CRWD$250.4−4.10%SMH$522.5−6.98%SPY$755.7−1.77%
Home/Stocks/2383.TW
TWSE · Taiwan · Electronic Components

2383.TW Elite Material

Low-loss copper-clad laminate for AI boards

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$4,675.0
−6.69% today
1W
−7.8%
1M
−5.0%
3M
+14.6%
YTD
+185.5%
1Y
+312.0%
Off 52w high
−26.0%
Next earnings (est.): 2026-10-28
Market capNT$1.68T≈ $51.38B
P/E (trailing)78.4Forward 17.1
EV / sales10.2×EV/EBITDA 36.8×
Revenue (TTM)NT$166BGrowth 142.1% y/y
Margins33.6%gross · op 30.7%
Free cash flow-NT$7.19BCash NT$29.68B · debt NT$41.31B
Analyst targetNT$8,793.1+88.1% upside · 18 analysts · strong buy
Riskβ 1.61Short — of float · yield 0.5%

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

2383.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
    2026-10-28EarningsBeat / raise

    Reported EPS 40.44 vs 36.07 expected (+12.1% surprise).

  2. 7
    2026-07-29EarningsBeat / raise

    Reported EPS 27.55 vs 24.62 expected (+11.9% surprise).

  3. 6
    2026-04-29EarningsMiss / cut

    Reported EPS 14 vs 15.08 expected (-7.2% surprise).

  4. 5
    2026-03-11EarningsMiss / cut

    Reported EPS 10.44 vs 10.77 expected (-3.1% surprise).

  5. 4
    2025-10-30EarningsMiss / cut

    Reported EPS 11.06 vs 11.95 expected (-7.5% surprise).

  6. 3
    2025-07-30EarningsMiss / cut

    Reported EPS 9.62 vs 10.28 expected (-6.4% surprise).

  7. 2
    2025-04-30EarningsBeat / raise

    Reported EPS 9.72 vs 9.3 expected (+4.5% surprise).

  8. 1
    2025-02-25EarningsMiss / cut

    Reported EPS 7.67 vs 7.74 expected (-0.8% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-10-2836.0740.44+12.1%
2026-07-2924.6227.55+11.9%
2026-04-2915.0814.0−7.2%
2026-03-1110.7710.44−3.1%
2025-10-3011.9511.06−7.5%
2025-07-3010.289.62−6.4%
2025-04-309.39.72+4.5%
2025-02-257.747.67−0.8%
2024-10-317.67.25−4.6%
2024-07-317.017.01+0.0%
2024-04-295.765.69−1.2%
2024-02-296.185.85−5.4%
2023-10-255.955.79−2.7%
2023-07-262.832.86+0.9%
2023-05-011.441.39−3.5%
2023-02-233.323.89+17.2%
2022-10-273.863.81−1.4%
2022-07-273.633.22−11.3%
2022-04-273.93.97+1.8%
2022-02-234.714.46−5.3%
2021-10-274.485.37+19.9%
2021-07-283.453.75+8.8%
2021-04-282.912.89−0.6%
2021-02-243.022.92−3.5%

About Elite Material

Website ↗

Elite Material Co., Ltd. engages in the manufacturing and sales of copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally. The company also offers printed circuit boards, prepreg, and adhesive sheets. Its products are used in various industries, including mobile devices, infrastructure, automotives, aerospace, military, industrial, and autonomous driving applications. The company was incorporated in 1992 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
2368.TW
Gold Circuit Electronics
High-layer PCBs for AI servers and switches NT$1,020.0−8.52%−8.9%+49.5%
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.