Elite Material reports second-quarter growth: what it means for Elite Material stock
Published on 10/06/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSElite Material Co. (ISIN TW0002383007) reported second-quarter revenue of TWD 47.28 billion for the period ended June 30, 2026, while net income reached TWD 9.87 billion. TradingView shows revenue above the TWD 44.81 billion estimate and the next earnings report scheduled for October 28, 2026.
Revenue clears the estimate
The second-quarter revenue figure was 5.51 percent above the cited estimate, calculated against TWD 44.81 billion. Net income rose 84.90 percent from TWD 5.34 billion in the prior quarter to TWD 9.87 billion, giving the results a sharper earnings signal than revenue alone.
The operating backdrop is tied to Elite Material's copper-clad laminates and related electronic materials used in printed circuit boards. The company is therefore positioned in a part of the hardware supply chain that benefits when advanced computing and high-performance electronics require more complex board materials.
Analyst coverage stays positive
ToAlpha lists 18 Buy ratings and a median consensus target of TWD 7,413.00. Against the TWD 5,995.00 quote, that target is 23.65 percent higher, although the target and the Taiwan quote are separate market values rather than the euro reference required for German trading.
The share-price context has been unusually strong. Focus Taiwan reported that Elite Material surged 10.00 percent to TWD 5,700.00 on October 5, 2026, during a broad Taiwan technology rally. MarketScreener also listed the company as added to the S&P International 700 and S&P Global 1200 on September 21, 2026.
Quote remains below the yearly high
Elite Material was last at TWD 5,995.00 on the Taiwan Stock Exchange on October 6, 2026 at 1:30 p.m. TST, up 5.18 percent from TWD 5,700.00. The quote stood 7.34 percent below the 52-week high of TWD 6,470.00, while the 52-week low was TWD 1,085.00.
Elite Material market profile
- Company: Elite Material Co., Ltd.
- ISIN: TW0002383007
- Ticker: 2383
- Primary exchange: Taiwan Stock Exchange
- Market capitalization: TWD 2.1 trillion (as of October 6, 2026)
- 52-week range: TWD 1,085.00-6,470.00 (as of October 6, 2026)
- Sector / Industry: Technology / Hardware, Equipment and Parts
- Index membership: S&P International 700 and S&P Global 1200
- Next earnings date: October 28, 2026
