Executive Summary
Nan Ya Plastics Corporation manufactures and sells plastics products, plastic materials, electronic materials, and fiber products in Taiwan and internationally.
Snowflake
Fundamentals
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Nan Ya Plastics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.6%
1303
2.1%
TW Chemicals
2.5%
TW Market
1 Year Return
-7.7%
1303
-10.1%
TW Chemicals
12.1%
TW Market
Shareholder returns
| 1303 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | 2.1% | 2.5% |
| 30 Day | -0.3% | -1.3% | 2.5% |
| 90 Day | -1.5% | -4.8% | 2.2% |
| 1 Year | -1.4%-7.7% | -5.1%-10.1% | 17.1%12.1% |
| 3 Year | 31.1%8.9% | 20.1%3.2% | 33.4%18.2% |
| 5 Year | 53.7%17.0% | 49.4%19.5% | 53.3%25.8% |
Price Volatility Vs. Market
How volatile is Nan Ya Plastics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Nan Ya Plastics undervalued compared to its fair value and its price relative to the market?
16.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: 1303 (NT$70.8) is trading above our estimate of fair value (NT$46.3)
Significantly Undervalued: 1303 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1303 is poor value based on its PE Ratio (16.8x) compared to the Chemicals industry average (16.8x).
PE vs Market: 1303 is good value based on its PE Ratio (16.8x) compared to the TW market (16.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: 1303 is poor value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 1303 is overvalued based on its PB Ratio (1.6x) compared to the TW Chemicals industry average (1.2x).
Next Steps
Future Growth
How is Nan Ya Plastics forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
19.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1303's forecast earnings growth (19.4% per year) is above the savings rate (2.7%).
Earnings vs Market: 1303's earnings (19.4% per year) are forecast to grow faster than the TW market (10.3% per year).
High Growth Earnings: 1303's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1303's revenue (5.6% per year) is forecast to grow slower than the TW market (7.6% per year).
High Growth Revenue: 1303's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Information is not available.
Next Steps
Past Performance
How has Nan Ya Plastics performed over the past 5 years?
12.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 1303's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: 1303's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1303 had negative earnings growth (-48.2%) over the past year, making it difficult to compare to the Chemicals industry average (-10%).
Return on Equity
High ROE: 1303's Return on Equity (9.2%) is considered low.
Return on Assets
ROA vs Industry: 1303 has a higher Return on Assets than the Chemicals industry average last year.
Return on Capital Employed
ROCE Improving: 1303 has significantly improved its Return on Capital Employed over the past 3 years.
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Financial Health
How is Nan Ya Plastics's financial position?
Financial Position Analysis
Short Term Liabilities: 1303's short term assets (NT$225.7B) exceeds its short term liabilities (NT$116.6B)
Long Term Liabilities: 1303's short term assets (225.7B) exceeds its long term liabilities (107.6B)
Debt to Equity History and Analysis
Debt Level: 1303's debt to equity ratio (31.1%) is considered satisfactory
Reducing Debt: 1303's debt to equity ratio has reduced from 48.7% to 31.1% over the past 5 years.
Debt Coverage: 1303's debt is well covered by operating cash flow (46.9%).
Interest Coverage: 1303 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Information is not available.
Information is not available.
Next Steps
Dividend
What is Nan Ya Plastics's current dividend yield, its reliability and sustainability?
7.06%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 1303's dividend (7.06%) is higher than the bottom 25% of dividend payers in the TW market (2.6%).
High Dividend: 1303's dividend (7.06%) is in the top 25% of dividend payers in the TW market (6.01%)
Stable Dividend: 1303's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1303's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (118.3%), 1303's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1303's dividends in 3 years are forecast to be covered by earnings (76.5% payout ratio).
Next Steps
Management
What is the CEO of Nan Ya Plastics's salary, the management and board of directors tenure and is there insider trading?
3.6yrs
Average management tenure
CEO
Ming-Jen Tzou 0
4.3yrs
Tenure
Mr. Ming-Jen Tzou has been the President of Nan Ya Plastics Corporation since July 1, 2015. Mr. Tzou served as an Executive Vice President of Nan Ya Plastics Corporation until September 16, 2015 and served ...
Management Age and Tenure
3.6yrs
Average Tenure
Experienced Management: 1303's management team is considered experienced (3.6 years average tenure).
Board Age and Tenure
12.3yrs
Average Tenure
Experienced Board: 1303's board of directors are seasoned and experienced ( 12.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Wilfred Wang
MD & Director
- Tenure: 12.3yrs
Ming-Jen Tzou
President & Director
- Tenure: 4.3yrs
William Wong
MD & Director
- Tenure: 12.3yrs
Chih-Kang Wang
MD & Independent Director
- Tenure: 10.3yrs
Yuan-Shan Liu
Senior Vice President
- Tenure: 0yrs
Chung-Yueh Shih
Senior Vice President
- Tenure: 0.6yrs
Cheng-Chung Lee
Senior VP & Director
- Tenure: 0.3yrs
Sin-Yi Huang
Senior VP & Director
- Tenure: 3.3yrs
Ming-Jong Yeh
Financial Officer
- Tenure: 6.6yrs
Li-Ta Pai
Accounting Officer
- Tenure: 6.6yrs
Board Members
Wilfred Wang
MD & Director
- Tenure: 12.3yrs
Chia-Chau Wu (74yo)
Chairman
- Tenure: 6.3yrs
Ming-Jen Tzou
President & Director
- Tenure: 4.3yrs
William Wong
MD & Director
- Tenure: 12.3yrs
Chih-Kang Wang
MD & Independent Director
- Tenure: 10.3yrs
Cheng-Chung Lee
Senior VP & Director
- Tenure: 0.3yrs
Sin-Yi Huang
Senior VP & Director
- Tenure: 3.3yrs
Susan Wang (57yo)
MD & Executive Director
- Tenure: 12.3yrs
Fong-Chin Lin
Senior VP & Director
- Tenure: 27.5yrs
Kuei-Yung Wang
Senior VP & Director
- Tenure: 12.3yrs
Company Information
Nan Ya Plastics Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nan Ya Plastics Corporation
- Ticker: 1303
- Exchange: TSEC
- Founded: 1958
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: NT$564.674b
- Shares outstanding: 7.93b
- Website: https://www.npc.com.tw
Location
- Nan Ya Plastics Corporation
- 101, Shuiguan Road
- Renwu District
- Kaohsiung City
- 814
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1303 | TSEC (Taiwan Stock Exchange) | Yes | Common Stock | TW | TWD | Jan 1992 |
Biography
Nan Ya Plastics Corporation manufactures and sells plastics products, plastic materials, electronic materials, and fiber products in Taiwan and internationally. The company provides plastics products compr ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 14:32 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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 here.