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Taiwanese (TAIEX) Chemicals Industry Analysis

UpdatedAug 12, 2024
DataAggregated Company Financials
Companies96
  • 7D-4.2%
  • 3M-12.3%
  • 1Y-18.4%
  • YTD-16.8%

Over the last 7 days, the Chemicals industry has dropped 4.2%, driven by a pullback from Formosa Plastics of 1.6%. However, the industry is down 18% over the past year. As for the next few years, earnings are expected to grow by 49% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Aug 2024NT$1.9tNT$1.5tNT$52.7b23.1x35.8x1.2x
Wed, 10 Jul 2024NT$2.0tNT$1.5tNT$51.3b24.8x39x1.4x
Fri, 07 Jun 2024NT$2.0tNT$1.5tNT$51.2b23.6x39.3x1.4x
Sun, 05 May 2024NT$2.1tNT$1.5tNT$46.4b23.9x46.3x1.5x
Tue, 02 Apr 2024NT$2.2tNT$1.5tNT$46.8b23.3x46.1x1.5x
Thu, 29 Feb 2024NT$2.2tNT$1.5tNT$32.8b22.7x66.4x1.5x
Sat, 27 Jan 2024NT$2.1tNT$1.5tNT$33.0b20.8x65x1.4x
Mon, 25 Dec 2023NT$2.2tNT$1.5tNT$33.0b20.9x68.1x1.5x
Wed, 22 Nov 2023NT$2.3tNT$1.5tNT$33.3b21.3x69.6x1.5x
Fri, 20 Oct 2023NT$2.2tNT$1.5tNT$26.6b22.6x84.5x1.5x
Sun, 17 Sep 2023NT$2.3tNT$1.5tNT$24.8b25.2x93.7x1.5x
Tue, 15 Aug 2023NT$2.3tNT$1.5tNT$25.6b25x88.2x1.5x
Thu, 13 Jul 2023NT$2.3tNT$1.7tNT$67.8b22x33.7x1.4x
Sat, 10 Jun 2023NT$2.5tNT$1.7tNT$68.4b21.5x36.2x1.5x
Mon, 08 May 2023NT$2.4tNT$1.8tNT$111.7b17.5x21.8x1.4x
Wed, 05 Apr 2023NT$2.4tNT$1.8tNT$112.4b16.7x21.4x1.4x
Fri, 03 Mar 2023NT$2.4tNT$1.9tNT$173.9b16.2x13.8x1.3x
Sun, 29 Jan 2023NT$2.4tNT$1.9tNT$176.3b14.4x13.4x1.3x
Tue, 27 Dec 2022NT$2.3tNT$1.9tNT$176.3b14x12.8x1.2x
Thu, 24 Nov 2022NT$2.3tNT$1.9tNT$176.3b13.7x13.2x1.3x
Sat, 22 Oct 2022NT$2.1tNT$1.9tNT$224.6b11.7x9.5x1.1x
Mon, 19 Sep 2022NT$2.3tNT$1.9tNT$224.6b15.6x10.2x1.2x
Wed, 17 Aug 2022NT$2.4tNT$1.9tNT$226.2b14.6x10.4x1.3x
Fri, 15 Jul 2022NT$2.2tNT$1.9tNT$249.4b14.3x8.8x1.2x
Sun, 12 Jun 2022NT$2.7tNT$1.9tNT$249.0b15.9x10.9x1.4x
Tue, 10 May 2022NT$2.6tNT$1.9tNT$254.9b16.1x10.4x1.4x
Thu, 07 Apr 2022NT$2.8tNT$1.9tNT$263.5b17.7x10.8x1.5x
Sat, 05 Mar 2022NT$2.8tNT$1.8tNT$259.8b17.7x10.9x1.6x
Mon, 31 Jan 2022NT$2.7tNT$1.8tNT$258.5b17.6x10.5x1.5x
Wed, 29 Dec 2021NT$2.8tNT$1.8tNT$258.5b17.8x10.6x1.6x
Fri, 26 Nov 2021NT$2.7tNT$1.8tNT$258.4b17.5x10.6x1.6x
Sun, 24 Oct 2021NT$2.8tNT$1.6tNT$236.6b16.5x11.6x1.7x
Tue, 21 Sep 2021NT$2.7tNT$1.6tNT$236.6b15.9x11.5x1.7x
Thu, 19 Aug 2021NT$2.6tNT$1.6tNT$236.6b15.1x10.9x1.6x
Price to Earnings Ratio

10.9x


Total Market Cap: NT$2.6tTotal Earnings: NT$236.6bTotal Revenue: NT$1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Chemicals Industry Price to Earnings3Y Average 30.5x202220232024
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 35.8x which is higher than its 3-year average PE of 30.5x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 39% per year over the last three years,
  • Revenues have also declined 2.1% 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 Market-0.91%
Materials-3.25%
Chemicals-4.21%
Diversified Chemicals0%
Fertilizers and Agricultural Chemicals-3.26%
Commodity Chemicals-4.19%
Specialty Chemicals-4.57%
Industrial Gases-5.74%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry, which is trading close to its 3-year average PE ratio of 42.7x.
    • 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 18.2x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 51% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 11% 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
1303 Nan Ya PlasticsNT$47.252.8%
+NT$10.3b		-31.2%PE50.1x
4763 Jinan Acetate ChemicalNT$808.005.6%
+NT$3.7b		24.1%PE10.3x
1307 San Fang Chemical IndustryNT$33.8017.0%
+NT$1.9b		43.8%PE11.9x
4770 Allied SupremeNT$374.006.6%
+NT$1.8b		32.6%PE18x
1717 Eternal MaterialsNT$29.305.0%
+NT$1.6b		0.5%PE19x
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Latest News

4770

NT$374.00

Allied Supreme

7D

6.6%

1Y

32.6%

1303

NT$47.25

Nan Ya Plastics

7D

2.8%

1Y

-31.2%

1714

NT$9.20

Ho Tung Chemical

7D

-2.5%

1Y

6.6%

1301

NT$53.90

Formosa Plastics

7D

-1.6%

1Y

-35.1%

6585

NT$180.00

DingZing Advanced Materials

7D

13.6%

1Y

125.3%

1307

NT$33.80

San Fang Chemical Industry

7D

17.0%

1Y

43.8%

5234

NT$137.50

Daxin Materials

7D

13.2%

1Y

21.1%

1717

NT$29.30

Eternal Materials

7D

5.0%

1Y

0.5%

The Returns At Eternal Materials (TWSE:1717) Aren't Growing

Aug 06
The Returns At Eternal Materials (TWSE:1717) Aren't Growing

4714

NT$19.10

U-Best Innovative Technology

7D

-0.5%

1Y

54.0%

4754

NT$39.35

INternational CArbide Technology

7D

-1.6%

1Y

-8.0%

2103

NT$22.70

TSRC

7D

9.4%

1Y

-4.0%

1773

NT$141.50

Shiny Chemical Industrial

7D

-0.4%

1Y

12.3%

4763

NT$808.00

Jinan Acetate Chemical

7D

5.6%

1Y

24.1%

Market Still Lacking Some Conviction On Jinan Acetate Chemical Co., Ltd. (TWSE:4763)

Jul 11
Market Still Lacking Some Conviction On Jinan Acetate Chemical Co., Ltd. (TWSE:4763)

6434

NT$3.27

TacBright Optronics

7D

-4.4%

1Y

-44.0%