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Taiwanese (TAIEX) Chemicals Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies97
  • 7D0.3%
  • 3M-8.7%
  • 1Y-25.5%
  • YTD-24.3%

Over the last 7 days, the Chemicals industry has remained flat, although notably Nan Pao Resins Chemical gained 14%. Unfortunately though, the industry is down 26% over the past 12 months. Earnings are forecast to grow by 72% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024NT$1.7tNT$1.5tNT$27.2b22.1x63.6x1.1x
Tue, 22 Oct 2024NT$1.8tNT$1.5tNT$53.5b21.4x33.8x1.2x
Thu, 19 Sep 2024NT$1.8tNT$1.5tNT$53.4b21.8x34.4x1.2x
Sat, 17 Aug 2024NT$1.9tNT$1.5tNT$53.0b21.4x35.5x1.2x
Mon, 15 Jul 2024NT$2.0tNT$1.5tNT$51.4b25.2x39.4x1.4x
Wed, 12 Jun 2024NT$2.0tNT$1.5tNT$51.2b22.8x39.6x1.4x
Fri, 10 May 2024NT$2.1tNT$1.5tNT$47.0b24.5x45.3x1.4x
Sun, 07 Apr 2024NT$2.1tNT$1.5tNT$46.7b23.6x45.9x1.4x
Tue, 05 Mar 2024NT$2.2tNT$1.5tNT$33.0b23.1x65.8x1.5x
Thu, 01 Feb 2024NT$2.1tNT$1.5tNT$33.0b21x64.8x1.4x
Sat, 30 Dec 2023NT$2.3tNT$1.5tNT$33.0b21.1x68.7x1.5x
Mon, 27 Nov 2023NT$2.3tNT$1.5tNT$33.0b21.3x69.8x1.5x
Wed, 25 Oct 2023NT$2.2tNT$1.5tNT$26.6b22.5x83.2x1.4x
Fri, 22 Sep 2023NT$2.3tNT$1.5tNT$24.8b24.6x91x1.5x
Sun, 20 Aug 2023NT$2.2tNT$1.5tNT$24.1b24.7x91.6x1.4x
Tue, 18 Jul 2023NT$2.3tNT$1.7tNT$67.1b22.5x34.6x1.4x
Thu, 15 Jun 2023NT$2.5tNT$1.7tNT$68.6b23.1x35.8x1.5x
Sat, 13 May 2023NT$2.4tNT$1.7tNT$97.7b17.2x24.6x1.4x
Mon, 10 Apr 2023NT$2.4tNT$1.8tNT$111.5b17.2x21.6x1.4x
Wed, 08 Mar 2023NT$2.4tNT$1.9tNT$173.7b16.6x13.9x1.3x
Fri, 03 Feb 2023NT$2.4tNT$1.9tNT$176.3b15.2x13.5x1.3x
Sun, 01 Jan 2023NT$2.3tNT$1.9tNT$176.3b13.6x12.9x1.2x
Tue, 29 Nov 2022NT$2.3tNT$1.9tNT$176.3b13.7x13.3x1.3x
Thu, 27 Oct 2022NT$2.2tNT$1.9tNT$224.6b11.6x9.6x1.1x
Sat, 24 Sep 2022NT$2.3tNT$1.9tNT$224.6b14.1x10.1x1.2x
Mon, 22 Aug 2022NT$2.4tNT$1.9tNT$224.4b16.2x10.6x1.2x
Wed, 20 Jul 2022NT$2.2tNT$1.9tNT$249.4b14.4x8.8x1.2x
Fri, 17 Jun 2022NT$2.7tNT$1.9tNT$249.4b15.3x10.7x1.4x
Sun, 15 May 2022NT$2.6tNT$1.9tNT$250.1b15.7x10.3x1.4x
Tue, 12 Apr 2022NT$2.8tNT$1.9tNT$263.5b17.8x10.6x1.5x
Thu, 10 Mar 2022NT$2.7tNT$1.8tNT$259.9b17.2x10.5x1.6x
Sat, 05 Feb 2022NT$2.7tNT$1.8tNT$258.5b17.6x10.5x1.5x
Mon, 03 Jan 2022NT$2.8tNT$1.8tNT$258.5b18.5x10.7x1.6x
Wed, 01 Dec 2021NT$2.7tNT$1.8tNT$258.5b21x10.3x1.5x
Price to Earnings Ratio

10.3x


Total Market Cap: NT$2.7tTotal Earnings: NT$258.5bTotal Revenue: NT$1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Chemicals Industry Price to Earnings3Y Average 32.9x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 63.6x which is higher than its 3-year average PE of 32.9x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 53% per year over the last three years,
  • Revenues have also declined 4.4% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

TW Market0.76%
Materials-0.067%
Chemicals0.26%
Specialty Chemicals2.03%
Fertilizers and Agricultural Chemicals1.75%
Diversified Chemicals0%
Commodity Chemicals-0.31%
Industrial Gases-5.66%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 68.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.4x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 80% over the next 5 years.
  • This is better than its past earnings growth rate of 40% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
4766 Nan Pao Resins ChemicalNT$336.5014.5%
+NT$5.1b		32.5%PE15.3x
1722 Taiwan FertilizerNT$56.803.3%
+NT$1.8b		-9.4%PE32.3x
1314 China Petrochemical DevelopmentNT$8.132.9%
+NT$870.5m		-17.4%PE25.4x
4763 Jinan Acetate ChemicalNT$853.000.8%
+NT$690.6m		14.2%PE11.1x
5234 Daxin MaterialsNT$235.002.6%
+NT$616.3m		135.5%PE48.3x
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Latest News

1809

NT$23.30

China GlazeLtd

7D

17.1%

1Y

48.9%

1314

NT$8.13

China Petrochemical Development

7D

2.9%

1Y

-17.4%

China Petrochemical Development's (TWSE:1314) Earnings Are Of Questionable Quality

Nov 21
China Petrochemical Development's (TWSE:1314) Earnings Are Of Questionable Quality

4763

NT$853.00

Jinan Acetate Chemical

7D

0.8%

1Y

14.2%

Additional Considerations Required While Assessing Jinan Acetate Chemical's (TWSE:4763) Strong Earnings

Nov 21
Additional Considerations Required While Assessing Jinan Acetate Chemical's (TWSE:4763) Strong Earnings

1326

NT$35.20

Formosa Chemicals & Fibre

7D

-0.6%

1Y

-45.0%

There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Nov 19
There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

1722

NT$56.80

Taiwan Fertilizer

7D

3.3%

1Y

-9.4%

Taiwan Fertilizer's (TWSE:1722) Soft Earnings Are Actually Better Than They Appear

Nov 19
Taiwan Fertilizer's (TWSE:1722) Soft Earnings Are Actually Better Than They Appear

1409

NT$15.70

Shinkong Synthetic Fibers

7D

2.3%

1Y

0.6%

4148

NT$51.30

All Cosmos Bio-Tech Holding

7D

-7.2%

1Y

19.6%

1710

NT$16.25

Oriental Union Chemical

7D

-2.7%

1Y

-16.0%

4766

NT$336.50

Nan Pao Resins Chemical

7D

14.5%

1Y

32.5%

1303

NT$40.00

Nan Ya Plastics

7D

-0.9%

1Y

-41.3%

5234

NT$235.00

Daxin Materials

7D

2.6%

1Y

135.5%

1785

NT$60.70

Solar Applied Materials Technology

7D

-1.0%

1Y

49.1%

4772

NT$164.00

Taiwan Speciality Chemicals

7D

-1.8%

1Y

117.5%

1301

NT$43.95

Formosa Plastics

7D

-0.9%

1Y

-46.1%

1723

NT$97.50

China Steel Chemical

7D

2.6%

1Y

-16.7%

7763

NT$76.00

Johnson Fine Chemical

7D

-5.1%

1Y

n/a