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Solar Applied Materials Q3 Earnings Hit 18-Year High; Subsidiary Chuang Ju Reports Strong Growth
Electronic Technology · Electronic Components · economic_daily · 2026-11-09
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Solar Applied Materials reported a record-breaking third quarter with EPS of NT$2.68, while its subsidiary Chuang Ju Materials posted strong nine-month results.
What Happened
Financial Performance: Solar Applied Materials announced its Q3 financial results, with net profit attributable to the parent company reaching NT$1.601 billion, a 142% quarterly increase. The quarterly EPS of NT$2.68 marks the highest level since the first quarter of 2008, reflecting a significant rebound in profitability.
Subsidiary Contribution: The company's subsidiary, Chuang Ju Materials, delivered impressive results with a nine-month EPS of NT$16.56. Having earned over 1.6 times its share capital in the first three quarters, Chuang Ju has become a critical driver of the group's overall earnings growth.
Margin Expansion: Solar Applied Materials saw its gross margin climb to 18.77% in the third quarter, an increase of 9.03 percentage points from the previous quarter. This improvement highlights the company's successful efforts in optimizing its product mix and operational efficiency.
Future Outlook: Analysts note that the company is focusing on high-growth areas such as HAMR hard drive targets and AI liquid cooling materials. With a NT$4 billion expansion plan and secured syndicated loans, the company is well-positioned to meet rising demand from advanced manufacturing processes.