Asia Polymer Future Growth

Future criteria checks 3/6

Asia Polymer is forecast to grow earnings and revenue by 170.6% and 8% per annum respectively while EPS is expected to grow by 72.4% per annum.

Key information

170.6%

Earnings growth rate

72.4%

EPS growth rate

Chemicals earnings growth	71.8%
Revenue growth rate	8.0%
Future return on equity	n/a
Analyst coverage	Low
Last updated	18 May 2024

Recent future growth updates

Recent updates

Is Asia Polymer (TWSE:1308) A Risky Investment?

Nov 11

Slowing Rates Of Return At Asia Polymer (TWSE:1308) Leave Little Room For Excitement

Sep 16

Asia Polymer (TWSE:1308) Has Announced That Its Dividend Will Be Reduced To NT$0.45

Jul 22

What Asia Polymer Corporation's (TWSE:1308) P/S Is Not Telling You

Jul 18

Asia Polymer's (TWSE:1308) Shareholders Will Receive A Smaller Dividend Than Last Year

Jun 09

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

Jan 02

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

Dec 17

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

Dec 02

Earnings and Revenue Growth Forecasts

TWSE:1308 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	6,950	161	-147	317	1
12/31/2024	6,691	-170	-282	25	1
9/30/2024	6,156	-626	533	639	N/A
6/30/2024	6,545	-247	622	1,011	N/A
3/31/2024	6,709	-46	602	970	N/A
12/31/2023	6,717	116	452	823	N/A
9/30/2023	7,544	570	1,033	1,391	N/A
6/30/2023	8,554	858	2,020	2,337	N/A
3/31/2023	9,243	1,191	2,498	2,815	N/A
12/31/2022	9,815	1,447	3,352	3,625	N/A
9/30/2022	10,226	2,088	3,512	3,793	N/A
6/30/2022	9,867	2,316	2,207	2,535	N/A
3/31/2022	9,855	2,777	2,574	2,907	N/A
12/31/2021	9,566	3,101	2,343	2,747	N/A
9/30/2021	8,370	2,703	1,879	2,254	N/A
6/30/2021	7,220	2,214	1,863	2,219	N/A
3/31/2021	6,242	1,512	1,736	2,106	N/A
12/31/2020	5,704	1,104	2,594	2,878	N/A
9/30/2020	5,736	834	2,157	2,382	N/A
6/30/2020	6,068	848	2,823	2,984	N/A
3/31/2020	6,395	831	2,815	2,919	N/A
12/31/2019	6,791	821	430	499	N/A
9/30/2019	6,927	570	-344	-213	N/A
6/30/2019	6,809	467	-918	-786	N/A
3/31/2019	6,759	341	-1,283	-1,131	N/A
12/31/2018	6,375	287	-268	-108	N/A
9/30/2018	6,085	354	863	966	N/A
6/30/2018	6,269	402	N/A	1,701	N/A
3/31/2018	6,200	499	N/A	1,207	N/A
12/31/2017	6,404	565	N/A	964	N/A
9/30/2017	6,577	696	N/A	637	N/A
6/30/2017	6,311	695	N/A	-99	N/A
3/31/2017	6,062	719	N/A	-870	N/A
12/31/2016	5,893	666	N/A	-697	N/A
9/30/2016	5,590	571	N/A	-762	N/A
6/30/2016	5,380	526	N/A	-795	N/A
3/31/2016	5,319	506	N/A	618	N/A
12/31/2015	5,187	532	N/A	795	N/A
9/30/2015	4,904	487	N/A	1,086	N/A
6/30/2015	5,142	533	N/A	1,601	N/A
3/31/2015	5,453	516	N/A	1,696	N/A
12/31/2014	5,566	500	N/A	1,550	N/A
9/30/2014	6,063	540	N/A	1,282	N/A
6/30/2014	6,140	516	N/A	1,070	N/A
3/31/2014	5,921	511	N/A	639	N/A
12/31/2013	5,804	537	N/A	428	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1308 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).

Earnings vs Market: 1308 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1308 is expected to become profitable in the next 3 years.

Revenue vs Market: 1308's revenue (8% per year) is forecast to grow slower than the TW market (12.6% per year).

High Growth Revenue: 1308's revenue (8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 1308's Return on Equity is forecast to be high in 3 years time

Asia Polymer Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase from loss to NT$0.98 profit

Price target decreased by 18% to NT$21.70

Consensus EPS estimates increase by 53%

Consensus EPS estimates fall by 41%

Price target decreased by 13% to NT$27.33

Price target decreased to NT$40.00

Recent updates

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Is Asia Polymer (TWSE:1308) A Risky Investment?

Asia Polymer Corporation to Report Q3, 2024 Results on Nov 06, 2024

Consensus EPS estimates increase from loss to NT$0.98 profit

Slowing Rates Of Return At Asia Polymer (TWSE:1308) Leave Little Room For Excitement

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Asia Polymer Corporation to Report Q2, 2024 Results on Aug 05, 2024

Asia Polymer (TWSE:1308) Has Announced That Its Dividend Will Be Reduced To NT$0.45

What Asia Polymer Corporation's (TWSE:1308) P/S Is Not Telling You

Upcoming dividend of NT$0.45 per share

Asia Polymer's (TWSE:1308) Shareholders Will Receive A Smaller Dividend Than Last Year

Dividend reduced to NT$0.45

Asia Polymer Corporation Approves 2023 Cash Dividends

First quarter 2024 earnings released: NT$0.32 loss per share (vs NT$0.042 loss in 1Q 2023)

Asia Polymer Corporation to Report Q1, 2024 Results on May 07, 2024

Price target decreased by 18% to NT$21.70

Consensus EPS estimates increase by 53%

New major risk - Dividend sustainability

Full year 2023 earnings: EPS misses analyst expectations

Asia Polymer Corporation Proposes Dividend Distribution for the Year Ended December 31, 2023

Consensus EPS estimates fall by 41%

Price target decreased by 13% to NT$27.33

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Asia Polymer Corporation Announces Internal Audit Officer Changes

Upcoming dividend of NT$1.20 per share at 4.5% yield

Asia Polymer Corporation Approves Cash Dividends for 2022

Full year 2022 earnings released: EPS: NT$2.44 (vs NT$5.22 in FY 2021)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 24% undervalued after recent price drop

Upcoming dividend of NT$3.00 per share

Price target decreased to NT$40.00

Less than half of directors are independent

Asia Polymer Corporation Announces the Members of the 5th -Term Remuneration Committee

Asia Polymer Corporation Announces Management Changes

Asia Polymer Corporation Receives Approval to Resume Work at No.2 Process in the Mill

Asia Polymer Corporation Announces No.2 Process to Suspended for Improvement

Full year 2021 earnings: EPS exceeds analyst expectations

Price target decreased to NT$52.50

Third quarter 2021 earnings released: EPS NT$1.15 (vs NT$0.32 in 3Q 2020)

Investor sentiment deteriorated over the past week

Price target increased to NT$53.95

Investor sentiment improved over the past week

Upcoming dividend of NT$1.20 per share

Second quarter 2021 earnings released: EPS NT$1.59 (vs NT$0.38 in 2Q 2020)

Price target increased to NT$45.00

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS NT$0.95 (vs NT$0.25 in 1Q 2020)

Investor sentiment improved over the past week

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

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS NT$1.90 (vs NT$1.41 in FY 2019)

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

Asia Polymer Corporation, Annual General Meeting, Jun 11, 2021

New 90-day high: NT$22.30

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

Analysts update estimates

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

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?

New 90-day high: NT$21.00

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)

Third quarter 2020 earnings released: EPS NT$0.33

Earnings beat expectations, revenue disappoints

New 90-day high - NT$19.55

First half earnings released