Taiwanese Materials Potentially Undervalued Companies

Nan Pao Resins Chemical

Market Cap: NT$40.9b

Engages in the manufacturing, wholesale, and retail sale of synthetic resins and plastics, adhesives, resin coatings, dyes, and pigments in Taiwan, rest of Asia, Oceania, Europe, Africa, and America.

Tung Ho Steel Enterprise

Market Cap: NT$51.3b

Produces and sells steel products in Taiwan.

YFY

Market Cap: NT$44.9b

An investment holding company, manufactures and sells paper and paper-related products in Taiwan.

Sinkang Industries

Market Cap: NT$2.1b

Manufactures and sells stainless steel in Taiwan and internationally.

Baolong International

Market Cap: NT$1.7b

Sells industrial paper products in Taiwan.

Lucky Cement

Market Cap: NT$5.5b

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

Century Iron and Steel IndustrialLtd

Market Cap: NT$28.8b

Century Iron and Steel Industrial Co.,Ltd.

CHC Resources

Market Cap: NT$15.7b

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

Taita Chemical Company

Market Cap: NT$5.9b

Engages in the production and sale of styrenics in Asia, America, Africa, Europe, and internationally.

Sentien Printing Factory

Market Cap: NT$1.2b

Manufactures and sells heat transfer, insert mold, and in-mold labels and release foils in Taiwan, Mainland China, Indonesia, Vietnam, and internationally.

Sinon

Market Cap: NT$16.6b

Manufactures and sells various pesticides, chemicals, and fertilizers.

Ta Chen Stainless Pipe

Market Cap: NT$92.9b

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

Chun Yuan Steel Industry

Market Cap: NT$13.7b

Manufactures, processes, and trades steel plates, silicon steel sheets, container components, special steel, and H-beams, and undertakes construction of steel structure projects in Taiwan, Asia, America, and Europe.

Lih Tai Construction Enterprise

Market Cap: NT$4.9b

Engages in the production and sale of ready-mixed concrete products in Taiwan.

Ginar TechnologyLtd

Market Cap: NT$2.1b

Engages in the research, development, and production of engineering plastic and composite materials in Taiwan and China.

Mayer Steel Pipe

Market Cap: NT$5.7b

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

International CSRC Investment Holdings

Market Cap: NT$10.2b

International CSRC Investment Holdings Co., Ltd.

TMP Steel

Market Cap: NT$1.7b

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

Univacco Technology

Market Cap: NT$5.2b

Engages in the production and sales of vacuum evaporation thin films and optoelectronic materials in Taiwan, Europe, Mainland China, America, and internationally.

Hai Kwang Enterprise

Market Cap: NT$2.5b

Engages in the manufacturing, processing, and sales of billets and reinforcing steel bars in Taiwan.

Kaofu Chemical

Market Cap: NT$2.8b

Engages in the manufacturing and sale of general purpose polystyrene and high impact polystyrene Taiwan.

Jiyuan Packaging Holdings

Market Cap: NT$732.8m

Produces and sells tin cans and aluminum cans in Mainland China.

Yuen Chang Stainless Steel

Market Cap: NT$3.0b

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

Yeou Yih Steel

Market Cap: NT$888.7m

Produces and sells of stainless steel products in Taiwan, South Korea, Thailand, Europe, Vietnam, Malaysia, Japan, Singapore, and internationally.

Hsin Kuang Steel

Market Cap: NT$12.7b

Engages in the cutting, stamping, and sale of various steel products in Taiwan.

Ton Yi Industrial

Market Cap: NT$24.0b

Manufactures and sells tinplate and plastic packaging materials in Taiwan, Mainland China, and internationally.

Allied Supreme

Market Cap: NT$17.3b

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

Cherng Tay Technology

Market Cap: NT$867.1m

Manufactures and sells adhesives in Taiwan and internationally.

Yung Chi Paint & Varnish Mfg.Co.Ltd

Market Cap: NT$12.7b

Manufactures and sells coatings and paints primarily in Taiwan and internationally.

BORETECH Resource Recovery Engineering

Market Cap: NT$2.8b

BORETECH Resource Recovery Engineering CO., LTD.

Shih-Kuen Plastics

Market Cap: NT$2.3b

Engages in the manufacturing, processing, and sales of plastic sheet products.

Shuang-Bang Industrial

Market Cap: NT$1.5b

Develops and manufactures polyurethane (PU) resins for shoes, synthetic leather crosslinkers, and polyol resins in Taiwan.

U-Best Innovative Technology

Market Cap: NT$2.0b

Manufactures and trades in polymer chemical raw materials in Taiwan, Vietnam, and internationally.

Taiwan Hopax Chemicals Manufacturing

Market Cap: NT$10.1b

Taiwan Hopax Chemicals Manufacturing Co., Ltd.

Formosa Chemicals & Fibre

Market Cap: NT$380.2b

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

Sesoda

Market Cap: NT$13.9b

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