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Taiwanese (TAIEX) Commodity Chemicals Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies53
  • 7D-5.1%
  • 3M-22.2%
  • 1Y-41.4%
  • YTDn/a

Over the last 7 days, the Commodity Chemicals industry has dropped 5.3%, driven by a pullback from Nan Ya Plastics of 5.2%. Meanwhile, TacBright Optronics actually outperformed within the industry, gaining 6.0% in the last week. The industry has fallen 40% in the last year. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024NT$1.1tNT$1.3tNT$10.2b17.9x106.3x0.8x
Mon, 18 Nov 2024NT$1.3tNT$1.3tNT$10.2b19x125.3x0.9x
Wed, 16 Oct 2024NT$1.4tNT$1.3tNT$36.3b20.2x37.4x1x
Fri, 13 Sep 2024NT$1.3tNT$1.3tNT$36.3b20.2x36x1x
Sun, 11 Aug 2024NT$1.5tNT$1.3tNT$34.1b22.4x42.7x1.1x
Tue, 09 Jul 2024NT$1.5tNT$1.3tNT$32.2b24.8x48x1.2x
Thu, 06 Jun 2024NT$1.6tNT$1.3tNT$32.2b23.1x48.8x1.2x
Sat, 04 May 2024NT$1.7tNT$1.3tNT$29.1b29.9x58x1.3x
Mon, 01 Apr 2024NT$1.7tNT$1.3tNT$29.2b26.3x57.1x1.3x
Wed, 28 Feb 2024NT$1.7tNT$1.3tNT$14.6b27.4x118.4x1.3x
Fri, 26 Jan 2024NT$1.7tNT$1.3tNT$14.6b25.5x117.6x1.3x
Sun, 24 Dec 2023NT$1.8tNT$1.3tNT$14.6b26.4x126.1x1.4x
Tue, 21 Nov 2023NT$1.9tNT$1.3tNT$13.8b24.4x137.6x1.4x
Thu, 19 Oct 2023NT$1.9tNT$1.3tNT$7.3b30x257.3x1.4x
Sat, 16 Sep 2023NT$2.0tNT$1.3tNT$7.3b29.2x266.5x1.5x
Mon, 14 Aug 2023NT$1.9tNT$1.3tNT$8.2b30.3x236.5x1.4x
Wed, 12 Jul 2023NT$1.9tNT$1.5tNT$49.6b24.8x38.5x1.3x
Fri, 09 Jun 2023NT$2.1tNT$1.5tNT$50.1b25.9x41.6x1.4x
Sun, 07 May 2023NT$2.1tNT$1.5tNT$90.4b19.1x22.9x1.3x
Tue, 04 Apr 2023NT$2.0tNT$1.5tNT$91.6b18.3x22.3x1.3x
Thu, 02 Mar 2023NT$2.0tNT$1.6tNT$151.3b17.7x13.4x1.2x
Sat, 28 Jan 2023NT$2.0tNT$1.6tNT$153.8b14.3x13.1x1.2x
Mon, 26 Dec 2022NT$1.9tNT$1.6tNT$153.8b13.3x12.5x1.2x
Wed, 23 Nov 2022NT$2.0tNT$1.6tNT$153.8b12.7x12.9x1.2x
Fri, 21 Oct 2022NT$1.8tNT$1.7tNT$202.8b10.7x9x1.1x
Sun, 18 Sep 2022NT$1.9tNT$1.7tNT$202.7b12x9.4x1.1x
Tue, 16 Aug 2022NT$2.0tNT$1.7tNT$204.7b11.7x9.8x1.2x
Thu, 14 Jul 2022NT$1.8tNT$1.7tNT$227.1b10.4x8.1x1.1x
Sat, 11 Jun 2022NT$2.3tNT$1.7tNT$227.0b12.4x10.1x1.4x
Mon, 09 May 2022NT$2.3tNT$1.7tNT$232.5b13.6x9.9x1.4x
Wed, 06 Apr 2022NT$2.4tNT$1.6tNT$241.0b14.3x9.9x1.5x
Fri, 04 Mar 2022NT$2.4tNT$1.5tNT$237.1b13.6x10.2x1.6x
Sun, 30 Jan 2022NT$2.3tNT$1.5tNT$236.0b13.4x9.8x1.5x
Tue, 28 Dec 2021NT$2.3tNT$1.5tNT$236.0b14.4x9.9x1.5x
Price to Earnings Ratio

9.9x


Total Market Cap: NT$2.3tTotal Earnings: NT$236.0bTotal Revenue: NT$1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Commodity Chemicals Industry Price to Earnings3Y Average 58.5x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Commodity Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 141x which is higher than its 3-year average PE of 58.3x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Commodity Chemicals industry have declined 68% per year over the last three years,
  • Revenues have also declined 24% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Taiwanese Commodity Chemicals compare with similar industries?

TW Market-2.11%
Materials-3.53%
Chemicals-4.44%
Commodity Chemicals-5.08%
Diversified Chemicals0%
Industrial Gases-1.82%
Specialty Chemicals-2.71%
Fertilizers and Agricultural Chemicals-3.15%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
6434 TacBright OptronicsNT$3.6211.0%
+NT$166.9m		-7.7%PS1.3x
4303 HsinLi Chemical IndustrialNT$48.752.0%
+NT$74.9m		123.1%PE10.8x
6618 UHT UnitechNT$18.804.2%
+NT$63.6m		-9.2%PS40.4x
1735 Evermore Chemical IndustryNT$20.651.7%
+NT$34.8m		18.7%PE21.5x
4722 Qualipoly ChemicalNT$44.650.7%
+NT$30.0m		20.8%PE19.6x
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Latest News

6434

NT$3.62

TacBright Optronics

7D

11.0%

1Y

-7.7%

1313

NT$8.97

UPC Technology

7D

-9.5%

1Y

-40.6%

1314

NT$7.34

China Petrochemical Development

7D

-6.7%

1Y

-24.9%

2103

NT$20.20

TSRC

7D

-6.5%

1Y

-15.7%

1326

NT$28.75

Formosa Chemicals & Fibre

7D

-5.6%

1Y

-53.2%

Lacklustre Performance Is Driving Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Dec 16
Lacklustre Performance Is Driving Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

4763

NT$889.00

Jinan Acetate Chemical

7D

-5.3%

1Y

22.9%

At NT$935, Is It Time To Put Jinan Acetate Chemical Co., Ltd. (TWSE:4763) On Your Watch List?

Dec 12
At NT$935, Is It Time To Put Jinan Acetate Chemical Co., Ltd. (TWSE:4763) On Your Watch List?

1303

NT$31.05

Nan Ya Plastics

7D

-7.6%

1Y

-52.3%

1301

NT$36.70

Formosa Plastics

7D

-3.4%

1Y

-53.4%

1742

NT$17.10

Taiwan Wax CompanyLtd

7D

0.6%

1Y

-2.0%

4304

NT$9.99

SunVic Technology

7D

8.1%

1Y

23.9%

4303

NT$48.75

HsinLi Chemical Industrial

7D

2.0%

1Y

123.1%

1735

NT$20.65

Evermore Chemical Industry

7D

1.7%

1Y

18.7%

1409

NT$14.85

Shinkong Synthetic Fibers

7D

-4.5%

1Y

-4.2%

4722

NT$44.65

Qualipoly Chemical

7D

0.7%

1Y

20.8%

6618

NT$18.80

UHT Unitech

7D

4.2%

1Y

-9.2%