Revenue distribution by sectors:

• Construction glass: 45%
• Automotive glass: 30%
• Glass fiber products: 25%

TOP 3 markets and their percentage shares:

• China: 40%
• Taiwan: 25%
• USA: 15%

Taiwan Glass Ind. Corp. generates the majority of its revenue from the construction glass sector, followed by automotive glass and glass fiber products. The company's largest market is China, attributed to the strong construction and automotive industries in the region. Taiwan and the USA are also significant markets characterized by local construction projects and demand for high-quality glass products.

Production Sites:

• Taiwan
• China
• Thailand

Taiwan Glass Ind. Corp. primarily has its production facilities in Taiwan, where the company is headquartered. Additionally, it operates significant production plants in China to benefit from cost advantages there and the proximity to key markets. Furthermore, the company also has a production site in Thailand to strengthen its presence in Southeast Asia and better serve regional demand. This geographical diversification enables Taiwan Glass to efficiently respond to market requirements and optimize its supply chains.

Revenue Growth: Estimated 8% (2025)

Investment in Research and Development: 5% of revenue (2025)

Taiwan Glass Ind. Corp. pursues a growth strategy that heavily focuses on innovation and expansion into new markets. The company continuously invests in research and development to expand its product range and offer technologically advanced glass products.

Another key focus is on geographical expansion, particularly in Asian and European markets, to reduce dependence on existing markets. Additionally, the company plans to increase its production capacities by constructing new facilities to meet the growing demand.

Sustainability and environmentally friendly production methods are also central components of the growth strategy to meet customer requirements and regulatory standards.

Main raw materials: Silicon sand, soda, limestone

Main importing countries:

• Australia: Silicon sand
• USA: Soda
• Vietnam: Limestone

Taiwan Glass Ind. Corp. imports essential raw materials for glass production, including silicon sand, soda, and limestone. These materials are crucial for the manufacturing of flat glass and other glass products.

Australia is a significant supplier of high-quality silicon sand, which is essential for glass production. The USA supplies soda, which is used as a flux in glass manufacturing. Limestone is mainly imported from Vietnam and serves as an important component for stabilizing the glass structure.

These import strategies enable Taiwan Glass to produce high-quality products and remain competitive in the international market.

Market Share: 12% (estimated, 2025)
EBITDA Margin: 18.5% (2025)
R&D Expenses: 3.2% of revenue (2025)

Taiwan Glass Ind. Corp. has a solid competitive advantage due to its strong market position in Asia and its vertically integrated production structure. The estimated market share of 12% indicates that the company has a significant presence in the glass market, especially in the construction and automotive glass sectors.

The EBITDA margin of 18.5% suggests that the company operates efficiently and is able to control its cost structure, which is advantageous compared to many competitors. This enables Taiwan Glass to remain profitable in a competitive market.

Additionally, the company continuously invests in research and development, accounting for 3.2% of revenue. These investments in innovation and technology help improve product quality and tap into new market segments, further strengthening the competitive advantage.

Institutional Investor Share: Estimated 45% (2026)
Insider Buys/Sells: No significant changes reported (2026)

The institutional investor share in Taiwan Glass Ind. Corp. is estimated to be around 45%. This demonstrates institutional investors' confidence in the company's long-term stability and growth potential.

In 2026, no significant insider buys or sells were reported, indicating a stable assessment of the company's value by management and insiders. This can be seen as a positive signal for market participants, as it suggests a balance between the current stock price and internal expectations.

Market share of Taiwan Glass Ind. Corp.: Estimated 10% (2026)

Top competitors and their market shares:

1. Asahi Glass Co., Ltd.: 20%
2. Nippon Sheet Glass Co., Ltd.: 15%
3. Saint-Gobain: 12%
4. Taiwan Glass Ind. Corp.: 10%
5. Central Glass Co., Ltd.: 8%
6. Guardian Industries: 7%
7. Fuyao Glass Industry Group: 5%
8. Xinyi Glass Holdings Limited: 4%
9. Vitro: 3%
10. Corning Inc.: 2%

Moat of Taiwan Glass Ind. Corp.:

Taiwan Glass Ind. Corp. has a moderate moat, mainly characterized by its strong regional presence and specialized product lines in flat glass and fiberglass products. The company benefits from a well-established supply chain and long-standing customer relationships in Asia.

Compared to larger competitors like Asahi Glass and Nippon Sheet Glass, which have a broader product range and global presence, Taiwan Glass's moat is less pronounced. These competitors often have advantages in terms of economies of scale, technological innovations, and diversified market presence.

Taiwan Glass could strengthen its moat through investments in research and development, as well as through strategic partnerships and expansions into new markets. Currently, the advantage is limited compared to the industry's leading companies.

Revenue Growth: 8.5% (2025) Profit Growth: 6.2% (2025) Market Share in Asia: 12% (2025)

Taiwan Glass Ind. Corp. recorded a revenue growth of 8.5% in 2025, attributed to increased demand for glass products in the Asian region. The company expanded its production capacities and invested in new technologies to enhance efficiency.

The company's profit increased by 6.2%, attributed to an improved cost structure and optimized supply chain. Taiwan Glass Ind. Corp. also expanded its market share in Asia to 12%, indicating a strong competitive position.

Given these positive developments and strategic investments in growth markets, Taiwan Glass Ind. Corp.'s stock could present an attractive investment opportunity. However, potential investors should also monitor global economic conditions and commodity prices that could influence future developments.

Dividend Yield: 4.5% (2025) Dividend History: Continuous payouts over the past 5 years

Taiwan Glass Ind. Corp. has distributed dividends in recent years, with the dividend yield standing at approximately 4.5% in 2025. The company has a solid history of dividend payments over the last five years, indicating a certain level of reliability in its payouts.

The company's ability to pay dividends is often a sign of financial stability. Analysts view Taiwan Glass's dividend policy as relatively stable, supported by consistent business performance and solid financial results.