Taiwanese Materials Potentially Undervalued Companies

Taiwan Hon Chuan Enterprise

Market Cap: NT$35.6b

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

Taita Chemical Company

Market Cap: NT$4.3b

Engages in the production and sale of styrenics in Taiwan, Hong Kong, Mainland China, Southeastern/Central Asia, Europe, and North America.

Allied Supreme

Market Cap: NT$18.7b

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

Gloria Material Technology

Market Cap: NT$18.7b

Engages in smelting, manufacturing, processing and sales of steel in Taiwan, the United States, China, and internationally.

BORETECH Resource Recovery Engineering

Market Cap: NT$4.5b

BORETECH Resource Recovery Engineering CO., LTD.

Tung Ho Steel Enterprise

Market Cap: NT$46.7b

Produces and sells steel products in Taiwan.

Shinkong Synthetic Fibers

Market Cap: NT$23.8b

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

Formosa Chemicals & Fibre

Market Cap: NT$181.0b

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

Sesoda

Market Cap: NT$8.0b

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

Lucky Cement

Market Cap: NT$6.0b

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

Feng Hsin Steel

Market Cap: NT$35.9b

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

Ruentex MaterialsLtd

Market Cap: NT$4.0b

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

Ta Chen Stainless Pipe

Market Cap: NT$84.4b

Manufactures, processes, and sells stainless steel pipes, plates, and fittings, and venetian blinds in Taiwan, the United States, China, and internationally.

CHC Resources

Market Cap: NT$17.4b

Produces, processes, and sells construction materials in Taiwan and internationally.

INternational CArbide Technology

Market Cap: NT$1.2b

INternational CArbide Technology Co., Ltd.

TMP Steel

Market Cap: NT$2.1b

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

Mayer Steel Pipe

Market Cap: NT$6.3b

Engages in production and sales of black steel and galvanized steel pipes, and stainless-steel coils for pipes in Taiwan.

Lih Tai Construction Enterprise

Market Cap: NT$5.3b

Produces and sells ready-mixed concrete products in Taiwan.

Formosan Rubber Group

Market Cap: NT$7.5b

Formosan Rubber Group Inc., together with its subsidiaries, manufacturing and selling rubber and plastic sheets, plastic foam, resin sheets, and related materials.

Yuen Chang Stainless Steel

Market Cap: NT$3.1b

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

China Steel

Market Cap: NT$285.8b

Manufactures and sells steel products in Taiwan, Vietnam, Malaysia, China, India, and internationally.

Ton Yi Industrial

Market Cap: NT$28.2b

Engages in the manufacturing and sale of tinplate and plastic packaging materials in Taiwan, Mainland China, and internationally.

Yieh Phui Enterprise

Market Cap: NT$28.2b

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

Headway Advanced Materials

Market Cap: NT$922.6m

Manufactures and sells polyurethane resin and thermoplastic polyurethane pellet products in the Asia-Pacific region.

Shih-Kuen Plastics

Market Cap: NT$2.3b

Produces and supplies PVC sheets and vinyl films.

Cherng Tay Technology

Market Cap: NT$843.5m

Manufactures and sells adhesives in Taiwan and internationally.

Yonggu Group

Market Cap: NT$1.8b

Engages in the production and sale of ready-mixed commercial concrete, fly ash, mortar, and cement.

Thye Ming Industrial

Market Cap: NT$8.2b

Manufactures and sells lead alloys and lead oxide in Asia.

Yung Chi Paint & Varnish Mfg.Co.Ltd

Market Cap: NT$12.3b

Manufactures and sells coatings and paints primarily in Taiwan.

Goldsun Building Materials

Market Cap: NT$44.5b

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

Taiwan Hopax Chemicals Manufacturing

Market Cap: NT$6.4b

Taiwan Hopax Chemicals Manufacturing Co., Ltd.

Tex Year Industries

Market Cap: NT$1.9b

Manufactures and trades in viscose, adhesives, and hot-melt adhesives in Taiwan, Asia, Europe, the United States, and internationally.

King's Metal Fiber Technologies

Market Cap: NT$1.3b

King's Metal Fiber Technologies Co., Ltd.

Asia Cement

Market Cap: NT$133.7b

Engages in the manufacturing and selling cement, clinker, ready-mixed concrete, and cement related products in China and Taiwan.

K Laser Technology

Market Cap: NT$2.6b

Researches, develops, produces, and sells laser holographic packaging materials, and optical instruments.

Chun Yuan Steel Industry

Market Cap: NT$13.3b

Produces and sells steel products in Taiwan and rest of Asia.