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Taiwanese (TAIEX) Chemicals Industry Analysis

UpdatedJun 25, 2024
DataAggregated Company Financials
Companies95
  • 7D0.4%
  • 3M-4.8%
  • 1Y-17.4%
  • YTD-10.8%

Over the last 7 days, the Chemicals industry has remained flat, although notably Solar Applied Materials Technology gained 22%. As for the longer term, the industry has declined 17% in the last year. Looking forward, earnings are forecast to grow by 43% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 25 Jun 2024NT$2.0tNT$1.5tNT$51.3b24.7x39.5x1.4x
Thu, 23 May 2024NT$2.1tNT$1.5tNT$51.3b22x41.5x1.4x
Sat, 20 Apr 2024NT$2.1tNT$1.5tNT$46.7b24.1x45.2x1.4x
Mon, 18 Mar 2024NT$2.1tNT$1.5tNT$44.5b22.7x47.1x1.4x
Wed, 14 Feb 2024NT$2.1tNT$1.5tNT$33.0b21.2x65x1.4x
Fri, 12 Jan 2024NT$2.2tNT$1.5tNT$33.0b20.5x67.1x1.5x
Sun, 10 Dec 2023NT$2.3tNT$1.5tNT$33.0b21.3x69.1x1.5x
Tue, 07 Nov 2023NT$2.2tNT$1.5tNT$31.4b25.2x71.2x1.5x
Thu, 05 Oct 2023NT$2.2tNT$1.5tNT$26.6b22.8x84x1.5x
Sat, 02 Sep 2023NT$2.2tNT$1.5tNT$24.8b24.9x90.7x1.5x
Mon, 31 Jul 2023NT$2.3tNT$1.7tNT$67.1b22.7x34.7x1.4x
Wed, 28 Jun 2023NT$2.4tNT$1.7tNT$67.9b22.3x35.2x1.4x
Fri, 26 May 2023NT$2.5tNT$1.7tNT$95.7b18.1x25.9x1.4x
Sun, 23 Apr 2023NT$2.4tNT$1.8tNT$111.3b17.5x21.7x1.4x
Tue, 21 Mar 2023NT$2.4tNT$1.8tNT$114.0b16.8x20.7x1.3x
Thu, 16 Feb 2023NT$2.4tNT$1.9tNT$176.3b15.4x13.5x1.3x
Sat, 14 Jan 2023NT$2.3tNT$1.9tNT$176.3b14.4x13.3x1.3x
Mon, 12 Dec 2022NT$2.3tNT$1.9tNT$176.3b14.1x13.1x1.2x
Wed, 09 Nov 2022NT$2.2tNT$1.9tNT$216.8b12.3x10.2x1.2x
Fri, 07 Oct 2022NT$2.2tNT$1.9tNT$224.6b13.3x9.9x1.2x
Sun, 04 Sep 2022NT$2.3tNT$1.9tNT$224.6b15.3x10.2x1.2x
Tue, 02 Aug 2022NT$2.3tNT$1.9tNT$249.6b15.4x9.3x1.2x
Thu, 30 Jun 2022NT$2.6tNT$1.9tNT$249.4b14.4x10.6x1.4x
Sat, 28 May 2022NT$2.7tNT$1.9tNT$248.9b15.4x10.7x1.4x
Mon, 25 Apr 2022NT$2.8tNT$1.9tNT$263.5b18x10.5x1.5x
Wed, 23 Mar 2022NT$2.8tNT$1.9tNT$263.5b17.4x10.8x1.5x
Fri, 18 Feb 2022NT$2.8tNT$1.8tNT$258.5b18.2x10.8x1.6x
Sun, 16 Jan 2022NT$2.8tNT$1.8tNT$258.5b18.3x10.7x1.6x
Tue, 14 Dec 2021NT$2.7tNT$1.8tNT$258.5b17.1x10.4x1.5x
Thu, 11 Nov 2021NT$2.7tNT$1.7tNT$248.7b17.9x11x1.6x
Sat, 09 Oct 2021NT$2.9tNT$1.6tNT$236.6b15.8x12.1x1.8x
Mon, 06 Sep 2021NT$2.7tNT$1.6tNT$236.6b15.6x11.2x1.6x
Wed, 04 Aug 2021NT$2.7tNT$1.6tNT$236.6b16.8x11.6x1.7x
Price to Earnings Ratio

11.5x


Total Market Cap: NT$2.7tTotal Earnings: NT$236.6bTotal Revenue: NT$1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Chemicals Industry Price to Earnings3Y Average 29.3x202220232024
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 39.5x which is higher than its 3-year average PE of 29.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 40% per year over the last three years,
  • Revenues have also declined 2.9% 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 Market1.28%
Materials0.18%
Chemicals0.44%
Industrial Gases4.78%
Fertilizers and Agricultural Chemicals1.97%
Specialty Chemicals0.77%
Commodity Chemicals0.25%
Diversified Chemicals0%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 41.6x.
    • 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, which is trading close to its 3-year average of 18.4x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings growth rate of 3.3% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 4.2% 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
1785 Solar Applied Materials TechnologyNT$69.0021.9%
+NT$7.4b		77.2%PE30.4x
4763 Jinan Acetate ChemicalNT$889.006.3%
+NT$4.6b		96.2%PE11.3x
1314 China Petrochemical DevelopmentNT$10.654.4%
+NT$1.7b		8.9%PE214.9x
4770 Allied SupremeNT$403.004.8%
+NT$1.5b		30.6%PE19.7x
1309 Taita Chemical CompanyNT$18.9023.1%
+NT$1.4b		-7.4%PS0.5x
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1303

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4766

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7D

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1785

NT$69.00

Solar Applied Materials Technology

7D

21.9%

1Y

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4763

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1Y

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1773

NT$154.50

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1Y

17.9%

1321

NT$37.30

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7D

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1Y

6.3%

1713

NT$55.10

Cathay Chemical Works

7D

-3.7%

1Y

67.2%

1314

NT$10.65

China Petrochemical Development

7D

4.4%

1Y

8.9%

5234

NT$149.50

Daxin Materials

7D

-4.8%

1Y

40.4%

Daxin Materials (TWSE:5234) Will Pay A Larger Dividend Than Last Year At NT$4.10

May 31
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4770

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7D

4.8%

1Y

30.6%

1409

NT$16.85

Shinkong Synthetic Fibers

7D

2.7%

1Y

-1.7%

1722

NT$65.40

Taiwan Fertilizer

7D

1.6%

1Y

7.2%

1712

NT$44.05

Sinon

7D

4.0%

1Y

25.0%