1308 Stock Overview
Designs, develops, manufactures, and sells low density polyethylene (LDPE) and ethylene vinyl acetate copolymer (EVA) in Taiwan, Asia, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
My Notes
Capture your thoughts, links and company narrative
Asia Polymer Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$13.80 |
| 52 Week High | NT$23.90 |
| 52 Week Low | NT$13.50 |
| Beta | 0.48 |
| 1 Month Change | -19.06% |
| 3 Month Change | -24.59% |
| 1 Year Change | -41.15% |
| 3 Year Change | -62.40% |
| 5 Year Change | -7.34% |
| Change since IPO | 32.99% |
Recent News & Updates
These Return Metrics Don't Make Asia Polymer (TWSE:1308) Look Too Strong
Dec 17
Is Asia Polymer (TWSE:1308) A Risky Investment?
Nov 11Recent updates
These Return Metrics Don't Make Asia Polymer (TWSE:1308) Look Too Strong
Dec 17Is Asia Polymer (TWSE:1308) A Risky Investment?
Nov 11Slowing Rates Of Return At Asia Polymer (TWSE:1308) Leave Little Room For Excitement
Sep 16Asia Polymer (TWSE:1308) Has Announced That Its Dividend Will Be Reduced To NT$0.45
Jul 22What Asia Polymer Corporation's (TWSE:1308) P/S Is Not Telling You
Jul 18Asia Polymer's (TWSE:1308) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 09Asia Polymer (TPE:1308) Seems To Use Debt Rather Sparingly
Apr 20What Do The Returns At Asia Polymer (TPE:1308) Mean Going Forward?
Mar 06Should Asia Polymer Corporation (TPE:1308) Be Part Of Your Dividend Portfolio?
Feb 16Should Asia Polymer (TPE:1308) Be Disappointed With Their 45% Profit?
Feb 01
Asia Polymer (TPE:1308) Could Easily Take On More Debt
Jan 17Do Its Financials Have Any Role To Play In Driving Asia Polymer Corporation's (TPE:1308) Stock Up Recently?
Jan 02Asia Polymer's (TPE:1308) Earnings Are Growing But Is There More To The Story?
Dec 17We Like These Underlying Trends At Asia Polymer (TPE:1308)
Dec 02Shareholder Returns
| 1308 | TW Chemicals | TW Market | |
|---|---|---|---|
| 7D | -5.2% | -4.4% | -2.1% |
| 1Y | -41.2% | -33.2% | 25.6% |
Return vs Industry: 1308 underperformed the TW Chemicals industry which returned -33.2% over the past year.
Return vs Market: 1308 underperformed the TW Market which returned 25.6% over the past year.
Price Volatility
| 1308 volatility | |
|---|---|
| 1308 Average Weekly Movement | 5.9% |
| Chemicals Industry Average Movement | 4.2% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in TW Market | 7.8% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 1308 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 1308's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1977 | n/a | Pei-Ji Wu | www.apc.com.tw |
Asia Polymer Corporation designs, develops, manufactures, and sells low density polyethylene (LDPE) and ethylene vinyl acetate copolymer (EVA) in Taiwan, Asia, and internationally. The company LDPE resins, such as film-grade, injection molding grade, and laminating film-grade products, as well as products for other uses, such as low crystallization point, microfiber, and foaming for various applications in medium duty films, frozen food packaging, extruded tubes, high clarity films, general purpose films, thin gauge films, liner bags, heavy duty films, agriculture and construction films, foam nets, injection moldings, powder coatings, protection films, laminations, extrusion coatings, and wire insulations. It also provides EVA resins, including film-grade, foaming-grade, laminating film grade, electric cable-grade, and photovoltaic grade products for use in extrusion castings and coatings, foaming products, sport goods, shoe soles, injection foaming and molded products, wires and cables, PV films, and hot melt adhesives.
Asia Polymer Corporation Fundamentals Summary
| 1308 fundamental statistics | |
|---|---|
| Market cap | NT$8.19b |
| Earnings (TTM) | -NT$625.73m |
| Revenue (TTM) | NT$6.16b |
1.3x
P/S Ratio-13.1x
P/E RatioIs 1308 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1308 income statement (TTM) | |
|---|---|
| Revenue | NT$6.16b |
| Cost of Revenue | NT$5.87b |
| Gross Profit | NT$285.69m |
| Other Expenses | NT$911.42m |
| Earnings | -NT$625.73m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.05 |
| Gross Margin | 4.64% |
| Net Profit Margin | -10.17% |
| Debt/Equity Ratio | 7.4% |
How did 1308 perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield-43%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:27 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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.
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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 .
Analyst Sources
Asia Polymer Corporation is covered by 8 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.
| Analyst | Institution |
|---|---|
| Yayue Hsueh | Capital Securities Corporation |
| Brian Chen | IBTS Investment Consulting Co., Ltd. |
| Jingjun Liao | Jih Sun Securities Investment Consulting Co., Ltd. |