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Taiwanese maker of specialty electronic chemicals, such as etching and process chemicals used in semiconductor and display manufacturing.
Taiwanese maker of specialty electronic chemicals, such as etching and process chemicals used in semiconductor and display manufacturing.
In one line: A smaller Taiwanese electronic-chemicals supplier to the chip industry.
Moat: narrow (process know-how, customer qualification). Qualified into fab supply chains for process-critical chemicals, which are costly to requalify.
Headquarters: Taiwan · Employees: 456
Size Advanced Echem Materials (4749.TWO) is a Taiwan Materials company (Chemicals: Major Diversified) with a market value of $1.72B, the 186th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$599.00 on 6 Nov 2026.
Performance Over six months the shares fell 38.8%, against -12.8% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 3rd lowest of 19 in its peer set.
Growth Revenue grew 19.2% over the last twelve months (peer median +5.7%); the operating margin is 24.6% (peer median 8.7%).
Valuation It trades at 33.1× forward earnings against a peer median of 25.0× (6th most expensive of 17).
Capital Return on invested capital runs 8.3 points above its cost of capital (5.0% WACC).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$4.63B | NT$4.26B | NT$3.32B | NT$2.36B | NT$2.27B |
| Revenue growth | — | +28% | +40% | +4% | — |
| Gross profit | NT$2.00B | NT$1.80B | NT$1.18B | NT$676M | NT$704M |
| EBITDA | NT$1.42B | NT$1.31B | NT$806M | NT$408M | NT$431M |
| Net income | NT$1.20B | NT$1.04B | NT$698M | NT$318M | NT$404M |
| Free cash flow | -NT$855M | NT$62.0M | -NT$137M | -NT$585M | NT$24.5M |
| Capital expenditure | NT$1.77B | NT$1.15B | NT$1.13B | NT$581M | NT$479M |
| Total debt | NT$2.43B | NT$264M | NT$1.69B | NT$1.54B | NT$918M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Advanced Echem Materials 4749.TWO | $1.72B | -39% | +19% | 25% | 33.1× | n/a |
| Eternal Materials 1717.TW | $2.06B | -27% | -2% | 5% | 17.2× | 19.9% |
| Kanto Denka Kogyo 4047.T | $570M | -6% | +13% | 12% | 9.8× | n/a |
| Soulbrain 357780.KS | $1.38B | -47% | +21% | 16% | 10.6× | 3.1% |
| Stella Chemifa 4109.T | $332M | -22% | +4% | 12% | 14.7× | 6.5% |
| Dongjin Semichem 005290.KS | $1.18B | -44% | -4% | 16% | n/a | -4.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 4749.TWO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -25.7% | -12.0% | 2nd lowest of 21 |
| 6-month return | -38.8% | -12.8% | 3rd lowest of 19 |
| Distance from 52-week high | -50.4% | -34.8% | 5th lowest of 21 |
| Revenue growth (TTM) | +19.2% | +5.7% | 4th highest of 21 |
| Operating margin | 24.6% | 8.7% | highest of 21 |
| Forward P/E | 33.1× | 25.0× | 6th most expensive of 17 |
| ROIC minus cost of capital | +8.3 pp | -2.1 pp | 4th highest of 21 |
| EV / EBITDA | 37.4× | 13.5× | 2nd most expensive of 11 |
| Net debt / EBITDA | -2.5× | 2.0× | least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Advanced Echem Materials 4749.TWO | Taiwan | $1.72B | -39% | +19% | 25% | 33.1× | n/a | n/a |
| AARTI Industries AARTIIND.NS | India | $1.71B | -9% | +40% | 9% | 29.1× | n/a | n/a |
| Borregaard BRG.OL | Norway | $1.68B | +7% | +3% | 17% | 24.4× | -1.0% | +7.7% |
| Nippon Kayaku 4272.T | Japan | $1.66B | +3% | +14% | 10% | 10.1× | -4.8% | +6.9% |
| Metis TechBio 7666.HK | Hong Kong | $1.66B | n/a | +6,987% | -367% | n/a | n/a | n/a |
| Valiant 002643.SZ | China | $1.66B | -28% | +3% | 10% | 25.6× | 17.4% | +4.9% |
| Huntsman HUN | United States | $1.66B | -37% | +6% | 0% | 353.8× | n/a | n/a |
| Fine Organic Industries FINEORG.NS | India | $1.64B | +9% | +13% | 20% | 33.4× | 26.7% | +15.7% |
| Alzchem ACT0.DE | Germany | $1.56B | n/a | +5% | 16% | 20.9× | -1.1% | +8.2% |
| Innospec IOSP | United States | $1.93B | -3% | +5% | 8% | 13.4× | 4.4% | +8.3% |
| Qingdao Huicheng Environmental Technology 300779.SZ | China | $2.02B | -9% | -13% | 5% | 129.3× | n/a | n/a |
| Zhejiang Yongtai Technology 002326.SZ | China | $2.04B | -40% | +38% | 11% | n/a | n/a | n/a |
| Eternal Materials 1717.TW | Taiwan | $2.06B | -27% | -2% | 5% | 17.2× | 19.9% | +1.2% |
| Ingevity NGVT | United States | $2.07B | -21% | -12% | 25% | 10.4× | -0.9% | -0.8% |
| Jilin Chemical Fibre Stock 000420.SZ | China | $1.42B | -25% | +11% | 5% | 154.0× | n/a | n/a |
| Privi Speciality Chemicals PRIVISCL.NS | India | $1.40B | -4% | +18% | 20% | 30.4× | 30.1% | +15.0% |
| Rianlon 300596.SZ | China | $1.39B | -7% | +11% | 11% | 14.7× | n/a | n/a |
| Jiangsu Shuangxing Color Plastic New Materials 002585.SZ | China | $1.38B | +5% | -4% | -4% | 62.8× | 22.5% | +0.2% |
| Shanghai Emperor of Cleaning Hi-Tech 603200.SS | China | $1.37B | -16% | +4% | -8% | n/a | n/a | n/a |
| Isuspecialtychemical 457190.KS | South Korea | $1.36B | -49% | +14% | 3% | n/a | n/a | n/a |
| China Resources Chemical Innovative Materials 301090.SZ | China | $1.35B | -33% | +4% | 1% | 19.2× | 21.4% | +1.1% |