Taiwanese Materials Potentially Undervalued Companies

Taiwan Hon Chuan Enterprise

Market Cap: NT$37.6b

Manufactures and sells various packaging materials for the food and beverage industries in Taiwan, Mainland China, Southeast Asia, and internationally.

Goldsun Building Materials

Market Cap: NT$42.8b

Engages in the production and sale of premixed concrete, cement, and calcium silicate board in Taiwan and Mainland China.

BORETECH Resource Recovery Engineering

Market Cap: NT$5.3b

BORETECH Resource Recovery Engineering CO., LTD.

Sesoda

Market Cap: NT$7.6b

Manufactures and markets sulfate of potash (SOP) in Taiwan.

Shinkong Synthetic Fibers

Market Cap: NT$23.1b

Researches for, manufactures, and sells polyester chips and polyester films in Asia.

Formosa Chemicals & Fibre

Market Cap: NT$170.8b

Produces and sells petrochemical products, nylon fibers, and rayon staple fibers in Taiwan and internationally.

Lucky Cement

Market Cap: NT$6.1b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Feng Hsin Steel

Market Cap: NT$37.7b

Manufactures, processes, and trades various steel products in Taiwan.

CHC Resources

Market Cap: NT$17.7b

Manufactures and supplies construction materials in Taiwan.

DingZing Advanced Materials

Market Cap: NT$7.4b

Researches, develops, produces, and sells composite materials, technical films, and other components for various industries in Taiwan.

Ruentex MaterialsLtd

Market Cap: NT$3.8b

Engages in the cement, building materials, and engineering and construction businesses in Taiwan.

Nan Ya Plastics

Market Cap: NT$312.9b

Engages in the production and sale of plastic processed products, polyester fibers, chemical products, and electronic materials in Taiwan, China and Hong Kong, the United States, and internationally.

Taiwan Steel Union

Market Cap: NT$12.3b

Manufactures and trades in zinc oxide and non-metallic mineral products in Taiwan.

INternational CArbide Technology

Market Cap: NT$1.2b

INternational CArbide Technology Co., Ltd.

Lih Tai Construction Enterprise

Market Cap: NT$5.5b

Produces and sells ready-mixed concrete products in Taiwan.

Jinan Acetate Chemical

Market Cap: NT$61.5b

Engages in the research and development, production, and sale of cellulose acetate tows, cellulose acetates, and cellulose anhydrides in Asia, Europe, America, and Africa.

Mayer Steel Pipe

Market Cap: NT$6.5b

Processes and sells steel pipes, plates, and other metal products in Taiwan.

Ho Tung Chemical

Market Cap: NT$7.8b

Develops, manufactures, processes, and sells various chemical products in Taiwan, China, Southeast Asia, and internationally.

TMP Steel

Market Cap: NT$2.1b

Together with its subsidiary, manufactures and sells iron and steel building materials in Taiwan.

Johnson Fine Chemical

Market Cap: NT$4.7b

Manufactures and supplies amine-based and isocyanate-based hardenders/curing agents for use in casting, adhesive, sealant, and elastomer fields.

Allied Supreme

Market Cap: NT$23.7b

Manufactures and sells fluoropolymer resin in China, America, and Taiwan.

Yuen Chang Stainless Steel

Market Cap: NT$2.5b

Engages in the processing, manufacturing, and selling of stainless steel products in Taiwan and internationally.

Ton Yi Industrial

Market Cap: NT$28.0b

Engages in the manufacturing and sale of tin plates packaging material in Taiwan, Mainland China, and internationally.

Formosan Union Chemical

Market Cap: NT$7.8b

Produces and sells chemical products in Taiwan, China, Guatamela, the Philippines, Vietnam, the Unites State, and internationally.

Gloria Material Technology

Market Cap: NT$20.8b

Produces and sells alloy steel in Taiwan, the United States, China, and internationally.

Tung Ho Steel Enterprise

Market Cap: NT$43.9b

Produces and sells steel products in Taiwan.

UPC Technology

Market Cap: NT$13.7b

Engages in manufacture and sale of petrochemical products in Taiwan and internationally.

China Man-Made Fiber

Market Cap: NT$8.7b

Manufactures and sells man-made fibers, cellophane, polyamine fiber, polyester fiber, chemicals, and the raw materials in Taiwan.

Universal Cement

Market Cap: NT$21.0b

Manufactures and sells cement, ready-mixed concrete, gypsum board panels, and other building materials in Taiwan.

Yieh Phui Enterprise

Market Cap: NT$29.8b

Processes, manufactures, markets, imports and exports, and trades in steel products in Taiwan, rest of Asia, the United States, Europe, and internationally.

Cherng Tay Technology

Market Cap: NT$931.5m

Manufactures and sells adhesives in Taiwan and internationally.

Tycoons Worldwide Group (Thailand)

Market Cap: NT$1.1b

Manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, screws, and wire products in Thailand.

Taiwan Hopax Chemicals Manufacturing

Market Cap: NT$6.6b

Taiwan Hopax Chemicals Manufacturing Co., Ltd.

San Fang Chemical Industry

Market Cap: NT$12.1b

Manufactures and sells artificial leather, synthetic resin, and other materials in Taiwan, China, Hong Kong, Southeast Asia, and internationally.

Sheng Yu Steel

Market Cap: NT$7.2b

Manufactures, processes, and sells sheets in Taiwan, rest of Asia, Europe, the United States, and internationally.

King's Metal Fiber Technologies

Market Cap: NT$1.2b

King's Metal Fiber Technologies Co., Ltd.