Taiwan Precision Materials Co., Ltd. (TPM), a supplier of high-purity consumable components for semiconductor equipment, is set to commence trading on the Emerging Stock Market on December 22, 2023, with a reference price of NT$35 per share. Established in September 1997, TPM, led by Chairman Ma Jian-Yong, has a paid-in capital of NT$282 million and serves major global semiconductor manufacturers.
In 2022, TPM reported revenues of NT$652 million and a net profit of NT$48 million, resulting in earnings per share (EPS) of NT$2.01. For the first half of 2023, the company achieved revenues of NT$307 million and a net profit of NT$17 million, with an EPS of NT$0.63.
TPM’s products are primarily used in front-end semiconductor processes such as etching and thin-film deposition. The company specializes in materials like alumina, zirconia, silicon nitride, and silicon carbide ceramics. With capabilities in material development, precision machining, surface treatment, and cleaning, TPM offers integrated manufacturing solutions. Notably, in 2014, TPM received certification from the world’s largest semiconductor equipment manufacturer.
Looking ahead, TPM plans to implement four growth strategies: (1) Developing next-generation ceramic materials; (2) Expanding refurbishment services; (3) Establishing high-end component cleaning production lines; and (4) Developing advanced quartz and silicon ring products.
These initiatives aim to meet the evolving demands of advanced semiconductor processes. The company anticipates that trends in artificial intelligence, high-performance computing, digitalization, and electrification will drive continued growth in the semiconductor market, thereby increasing the demand for equipment components. By leveraging its existing strengths and exploring new materials and business models, TPM aims to provide comprehensive solutions to its customers and sustain business growth.
https://ec.ltn.com.tw/article/breakingnews/4528332
2023/12/21