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Asia Polymer TWSE:1308 Stock Report

Last Price

NT$19.15

Market Cap

NT$11.4b

7D

-1.3%

1Y

-34.0%

Updated

27 Mar, 2024

Data

Company Financials +

Asia Polymer Corporation

TWSE:1308 Stock Report

Market Cap: NT$11.4b

1308 Stock Overview

Asia Polymer Corporation designs, develops, manufactures, and sells low-density polyethylene (LDPE) and ethylene vinyl acetate copolymer (EVA) in Taiwan, Asia, and internationally.

1308 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Asia Polymer Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Asia Polymer
Historical stock prices
Current Share PriceNT$19.15
52 Week HighNT$30.40
52 Week LowNT$19.15
Beta0.41
1 Month Change-13.54%
3 Month Change-18.34%
1 Year Change-33.97%
3 Year Change-20.60%
5 Year Change45.98%
Change since IPO84.55%

Recent News & Updates

Recent updates

Asia Polymer (TPE:1308) Seems To Use Debt Rather Sparingly

Apr 20
Asia Polymer (TPE:1308) Seems To Use Debt Rather Sparingly

What Do The Returns At Asia Polymer (TPE:1308) Mean Going Forward?

Mar 06
What Do The Returns At Asia Polymer (TPE:1308) Mean Going Forward?

Should Asia Polymer Corporation (TPE:1308) Be Part Of Your Dividend Portfolio?

Feb 16
Should Asia Polymer Corporation (TPE:1308) Be Part Of Your Dividend Portfolio?

Should Asia Polymer (TPE:1308) Be Disappointed With Their 45% Profit?

Feb 01
Should Asia Polymer (TPE:1308) Be Disappointed With Their 45% Profit?

Asia Polymer (TPE:1308) Could Easily Take On More Debt

Jan 17
Asia Polymer (TPE:1308) Could Easily Take On More Debt

Do Its Financials Have Any Role To Play In Driving Asia Polymer Corporation's (TPE:1308) Stock Up Recently?

Jan 02
Do Its Financials Have Any Role To Play In Driving Asia Polymer Corporation's (TPE:1308) Stock Up Recently?

Asia Polymer's (TPE:1308) Earnings Are Growing But Is There More To The Story?

Dec 17
Asia Polymer's (TPE:1308) Earnings Are Growing But Is There More To The Story?

We Like These Underlying Trends At Asia Polymer (TPE:1308)

Dec 02
We Like These Underlying Trends At Asia Polymer (TPE:1308)

Shareholder Returns

1308TW ChemicalsTW Market
7D-1.3%1.4%1.1%
1Y-34.0%-12.4%26.7%

Return vs Industry: 1308 underperformed the TW Chemicals industry which returned -12.4% over the past year.

Return vs Market: 1308 underperformed the TW Market which returned 26.7% over the past year.

Price Volatility

Is 1308's price volatile compared to industry and market?
1308 volatility
1308 Average Weekly Movement2.2%
Chemicals Industry Average Movement3.1%
Market Average Movement4.2%
10% most volatile stocks in TW Market7.9%
10% least volatile stocks in TW Market1.9%

Stable Share Price: 1308's share price has been volatile over the past 3 months.

Volatility Over Time: 1308's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1977n/aQuintin Wuhttps://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. It offers LDPE resins, including 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. The company also provides EVA resins comprising 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

How do Asia Polymer's earnings and revenue compare to its market cap?
1308 fundamental statistics
Market capNT$11.37b
Earnings (TTM)NT$116.28m
Revenue (TTM)NT$6.72b

97.8x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1308 income statement (TTM)
RevenueNT$6.72b
Cost of RevenueNT$5.57b
Gross ProfitNT$1.15b
Other ExpensesNT$1.03b
EarningsNT$116.28m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin17.06%
Net Profit Margin1.73%
Debt/Equity Ratio4.1%

How did 1308 perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

230%

Payout Ratio
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