2105 logo

Cheng Shin Rubber Ind. Co., Ltd.TWSE:2105 Stock Report

Market Cap NT$131.1b
Share Price
NT$40.40
My Fair Value
AN
AnalystConsensusTarget
NT$50
18.4% undervalued intrinsic discount
1Y-12.9%
7D-0.4%
Portfolio Value
View

Cheng Shin Rubber Ind. Co., Ltd.

TWSE:2105 Stock Report

Market Cap: NT$131.1b

Cheng Shin Rubber Ind (2105) Stock Overview

Together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products. More details

2105 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends3/6

2105 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Cheng Shin Rubber Ind. Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cheng Shin Rubber Ind
Historical stock prices
Current Share PriceNT$40.45
52 Week HighNT$55.00
52 Week LowNT$37.80
Beta0.21
1 Month Change2.28%
3 Month Change-21.30%
1 Year Change-12.92%
3 Year Change17.25%
5 Year Change11.28%
Change since IPO253.95%

Recent News & Updates

Recent updates

Cheng Shin Rubber Ind (TWSE:2105) Might Have The Makings Of A Multi-Bagger

Mar 31
Cheng Shin Rubber Ind (TWSE:2105) Might Have The Makings Of A Multi-Bagger

With EPS Growth And More, Cheng Shin Rubber Ind (TWSE:2105) Makes An Interesting Case

Mar 06
With EPS Growth And More, Cheng Shin Rubber Ind (TWSE:2105) Makes An Interesting Case

These 4 Measures Indicate That Cheng Shin Rubber Ind (TWSE:2105) Is Using Debt Safely

Dec 31
These 4 Measures Indicate That Cheng Shin Rubber Ind (TWSE:2105) Is Using Debt Safely

Risks To Shareholder Returns Are Elevated At These Prices For Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105)

Dec 15
Risks To Shareholder Returns Are Elevated At These Prices For Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105)

Do Cheng Shin Rubber Ind's (TWSE:2105) Earnings Warrant Your Attention?

Nov 29
Do Cheng Shin Rubber Ind's (TWSE:2105) Earnings Warrant Your Attention?

Returns Are Gaining Momentum At Cheng Shin Rubber Ind (TWSE:2105)

Nov 12
Returns Are Gaining Momentum At Cheng Shin Rubber Ind (TWSE:2105)

Getting In Cheap On Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) Might Be Difficult

Aug 29
Getting In Cheap On Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) Might Be Difficult

There's Been No Shortage Of Growth Recently For Cheng Shin Rubber Ind's (TWSE:2105) Returns On Capital

Aug 01
There's Been No Shortage Of Growth Recently For Cheng Shin Rubber Ind's (TWSE:2105) Returns On Capital

We Think Cheng Shin Rubber Ind (TWSE:2105) Can Manage Its Debt With Ease

Jul 17
We Think Cheng Shin Rubber Ind (TWSE:2105) Can Manage Its Debt With Ease

Are Investors Undervaluing Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) By 29%?

Jul 02
Are Investors Undervaluing Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) By 29%?

Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

May 24
Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Cheng Shin Rubber Ind's (TWSE:2105) Upcoming Dividend Will Be Larger Than Last Year's

May 21
Cheng Shin Rubber Ind's (TWSE:2105) Upcoming Dividend Will Be Larger Than Last Year's

Returns At Cheng Shin Rubber Ind (TWSE:2105) Are On The Way Up

Apr 26
Returns At Cheng Shin Rubber Ind (TWSE:2105) Are On The Way Up

Cheng Shin Rubber Ind's (TWSE:2105) Solid Earnings Have Been Accounted For Conservatively

Mar 22
Cheng Shin Rubber Ind's (TWSE:2105) Solid Earnings Have Been Accounted For Conservatively

Analyst Estimates: Here's What Brokers Think Of Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) After Its Yearly Report

Mar 17
Analyst Estimates: Here's What Brokers Think Of Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) After Its Yearly Report

Take Care Before Diving Into The Deep End On Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105)

Feb 29
Take Care Before Diving Into The Deep End On Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105)

The Returns On Capital At Cheng Shin Rubber Ind (TPE:2105) Don't Inspire Confidence

Mar 14
The Returns On Capital At Cheng Shin Rubber Ind (TPE:2105) Don't Inspire Confidence

Are Dividend Investors Making A Mistake With Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105)?

Feb 26
Are Dividend Investors Making A Mistake With Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105)?

We Think Cheng Shin Rubber Ind (TPE:2105) Can Stay On Top Of Its Debt

Feb 11
We Think Cheng Shin Rubber Ind (TPE:2105) Can Stay On Top Of Its Debt

Can Cheng Shin Rubber Ind. Co., Ltd.'s (TPE:2105) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Jan 27
Can Cheng Shin Rubber Ind. Co., Ltd.'s (TPE:2105) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Cheng Shin Rubber Ind's(TPE:2105) Share Price Is Down 17% Over The Past Three Years.

Jan 12
Cheng Shin Rubber Ind's(TPE:2105) Share Price Is Down 17% Over The Past Three Years.

What Percentage Of Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105) Shares Do Insiders Own?

Dec 28
What Percentage Of Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105) Shares Do Insiders Own?

What These Trends Mean At Cheng Shin Rubber Ind (TPE:2105)

Dec 13
What These Trends Mean At Cheng Shin Rubber Ind (TPE:2105)

Should You Buy Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105) For Its Dividend?

Nov 28
Should You Buy Cheng Shin Rubber Ind. Co., Ltd. (TPE:2105) For Its Dividend?

Shareholder Returns

2105TW Auto ComponentsTW Market
7D-0.4%1.6%0.1%
1Y-12.9%-13.7%8.7%

Return vs Industry: 2105 underperformed the TW Auto Components industry which returned -10.1% over the past year.

Return vs Market: 2105 underperformed the TW Market which returned 14% over the past year.

Price Volatility

Is 2105's price volatile compared to industry and market?
2105 volatility
2105 Average Weekly Movement4.6%
Auto Components Industry Average Movement4.0%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.5%
10% least volatile stocks in TW Market2.3%

Stable Share Price: 2105 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2105's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1967n/aChin-Chang Leewww.cst.com.tw

Cheng Shin Rubber Ind. Co., Ltd., together with subsidiaries, processes, manufactures, and trades in bicycle and electrical vehicle tires, reclaimed rubbers, rubbers and resins, and other rubber products. It also manufactures and trades in various rubber products and related rubber machinery. In addition, the company researches, develops, tests, manufactures, exhibits, imports, exports, wholesales, and retails various tires, automobile accessories, and related products.

Cheng Shin Rubber Ind. Co., Ltd. Fundamentals Summary

How do Cheng Shin Rubber Ind's earnings and revenue compare to its market cap?
2105 fundamental statistics
Market capNT$131.12b
Earnings (TTM)NT$7.25b
Revenue (TTM)NT$95.79b
18.1x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2105 income statement (TTM)
RevenueNT$95.79b
Cost of RevenueNT$73.21b
Gross ProfitNT$22.58b
Other ExpensesNT$15.33b
EarningsNT$7.25b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)2.24
Gross Margin23.58%
Net Profit Margin7.57%
Debt/Equity Ratio42.2%

How did 2105 perform over the long term?

See historical performance and comparison

Dividends

5.9%
Current Dividend Yield
107%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/06 07:56
End of Day Share Price 2025/08/06 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cheng Shin Rubber Ind. Co., Ltd. is covered by 20 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changming YehBarclays
Jenny TsaiBNP Paribas Securities (Asia)
Jim HungBNP Paribas Securities (Asia)