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Taiwanese (TAIEX) Chemicals Industry Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies92
  • 7D-2.4%
  • 3M-1.1%
  • 1Y18.4%
  • YTD10.0%

Over the last 7 days, the Chemicals industry has dropped 2.4%, driven by a decline by Nan Ya Plastics of 3.4%. Meanwhile, Sunko Ink actually outperformed within the industry, gaining 26% in the last week. This takes the industry's 12 month performance to a gain of 18%.

Industry Valuation and Performance

Has the Taiwanese Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021NT$2.7tNT$1.8tNT$258.5b21x
Sat, 30 Oct 2021NT$2.7tNT$1.6tNT$236.6b16.5x
Mon, 27 Sep 2021NT$2.8tNT$1.6tNT$236.6b16.3x
Wed, 25 Aug 2021NT$2.6tNT$1.6tNT$236.6b15.2x
Thu, 01 Jul 2021NT$2.7tNT$1.6tNT$236.6b16x
Sun, 04 Apr 2021NT$2.6tNT$1.4tNT$171.8b16.2x
Wed, 06 Jan 2021NT$2.4tNT$1.3tNT$105.2b20.1x
Sat, 10 Oct 2020NT$2.0tNT$1.3tNT$73.2b18.6x
Fri, 03 Jul 2020NT$2.1tNT$1.3tNT$69.1b20.5x
Mon, 06 Apr 2020NT$1.8tNT$1.4tNT$87.4b15.1x
Thu, 09 Jan 2020NT$2.3tNT$1.5tNT$117.4b17.9x
Wed, 02 Oct 2019NT$2.2tNT$1.6tNT$112.9b19x
Sat, 06 Jul 2019NT$2.6tNT$1.6tNT$137.5b18.1x
Tue, 09 Apr 2019NT$2.6tNT$1.7tNT$168.5b16.9x
Mon, 31 Dec 2018NT$2.4tNT$1.7tNT$187.8b14.6x
PE Ratio

13.7x

Total Market Cap: NT$2.4tTotal Earnings: NT$233.6bTotal Revenue: NT$1.7t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.8x. However, future earnings are expected to decline by 12% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 3.4% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Taiwanese Chemicals industry?

Fertilizers and Agricultural Chemicals-0.33%
Specialty Chemicals-1.47%
Commodity Chemicals-2.61%

Industry PE: Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 16.9x. However analysts are expecting annual earnings decline of 15%, which is lower than the prior year's growth of 109% per year. So the market might believe that analysts are underestimating future growth or they expect the Commodity Chemicals industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average of 20.7x.

Forecasted Growth: Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 36% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Commodity Chemicals industry is expected to see its earnings decline by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
1721 Sunko Ink25.8%+NT$1.2b141.9%PS2.1x
2108 NANTEX Industry1.6%+NT$640.1m38.4%PE4.8x
4766 Nan Pao Resins Chemical2.2%+NT$361.7m-13.6%PE15.5x
1712 Sinon3.1%+NT$357.4m38.6%PE14.1x
4141 Rotam Global AgroSciences8.7%+NT$330.6m70.8%PS0.4x
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1721

NT$30.45

Sunko Ink

7D

25.8%

1Y

141.9%

1304

NT$31.95

USI

7D

-4.8%

1Y

61.8%

1712

NT$28.55

Sinon

7D

3.1%

1Y

38.6%