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Ocean Plastics TWSE:1321 Stock Report

Last Price

NT$33.00

Market Cap

NT$7.3b

7D

0%

1Y

-13.5%

Updated

18 Dec, 2024

Data

Company Financials

Ocean Plastics Co., Ltd.

TWSE:1321 Stock Report

Market Cap: NT$7.3b

1321 Stock Overview

Manufactures and sells plastic raw materials, products, and incidental materials for the plastic industry in Taiwan, India, the United States, China, Japan, and internationally. More details

1321 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Ocean Plastics Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ocean Plastics
Historical stock prices
Current Share PriceNT$33.00
52 Week HighNT$44.80
52 Week LowNT$32.75
Beta0.55
1 Month Change-0.75%
3 Month Change-15.71%
1 Year Change-13.50%
3 Year Change-4.76%
5 Year Change-14.95%
Change since IPO40.14%

Recent News & Updates

Solid Earnings May Not Tell The Whole Story For Ocean Plastics (TWSE:1321)

Nov 19
Solid Earnings May Not Tell The Whole Story For Ocean Plastics (TWSE:1321)

Recent updates

Solid Earnings May Not Tell The Whole Story For Ocean Plastics (TWSE:1321)

Nov 19
Solid Earnings May Not Tell The Whole Story For Ocean Plastics (TWSE:1321)

Ocean Plastics (TWSE:1321) Strong Profits May Be Masking Some Underlying Issues

Mar 24
Ocean Plastics (TWSE:1321) Strong Profits May Be Masking Some Underlying Issues

I Ran A Stock Scan For Earnings Growth And Ocean Plastics (TPE:1321) Passed With Ease

Apr 29
I Ran A Stock Scan For Earnings Growth And Ocean Plastics (TPE:1321) Passed With Ease

Investors Will Want Ocean Plastics' (TPE:1321) Growth In ROCE To Persist

Apr 11
Investors Will Want Ocean Plastics' (TPE:1321) Growth In ROCE To Persist

These 4 Measures Indicate That Ocean Plastics (TPE:1321) Is Using Debt Reasonably Well

Mar 04
These 4 Measures Indicate That Ocean Plastics (TPE:1321) Is Using Debt Reasonably Well

Some Shareholders Feeling Restless Over Ocean Plastics Co., Ltd.'s (TPE:1321) P/E Ratio

Feb 11
Some Shareholders Feeling Restless Over Ocean Plastics Co., Ltd.'s (TPE:1321) P/E Ratio

Should Ocean Plastics (TPE:1321) Be Disappointed With Their 36% Profit?

Jan 23
Should Ocean Plastics (TPE:1321) Be Disappointed With Their 36% Profit?

Do Ocean Plastics's (TPE:1321) Earnings Warrant Your Attention?

Jan 05
Do Ocean Plastics's (TPE:1321) Earnings Warrant Your Attention?

Will Ocean Plastics' (TPE:1321) Growth In ROCE Persist?

Dec 21
Will Ocean Plastics' (TPE:1321) Growth In ROCE Persist?

Ocean Plastics Co., Ltd. (TPE:1321) On An Uptrend: Could Fundamentals Be Driving The Stock?

Dec 03
Ocean Plastics Co., Ltd. (TPE:1321) On An Uptrend: Could Fundamentals Be Driving The Stock?

Shareholder Returns

1321TW ChemicalsTW Market
7D0%-6.6%-0.6%
1Y-13.5%-32.2%28.5%

Return vs Industry: 1321 exceeded the TW Chemicals industry which returned -32.2% over the past year.

Return vs Market: 1321 underperformed the TW Market which returned 28.5% over the past year.

Price Volatility

Is 1321's price volatile compared to industry and market?
1321 volatility
1321 Average Weekly Movement2.4%
Chemicals Industry Average Movement4.4%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.9%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 1321 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1321's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1954n/aKin-Men Tanwww.opc.com.tw

Ocean Plastics Co., Ltd. manufactures and sells plastic raw materials, products, and incidental materials for the plastic industry in Taiwan, India, the United States, China, Japan, and internationally. The company offers eco-friendly DMF-free PU products, including water-based polyurethane resin (WBPU), non-solvent type prepolymer polyurethane resin, WBPU leather, and solvent-free prepolymer PU leather for use in footwear, balls/sporting goods, furniture/home decorations, consumer electronic products, bag materials, garment/textiles, and special applications. It also provides CELLwood products; wood plastic composites; and PVC sheets comprising clear PVC sheeting, flexible PVC sheeting, PVC semi-rigid films, and PVC rigid sheeting for stationery, furniture, decoration, and packaging applications, as well as for special grade purposes.

Ocean Plastics Co., Ltd. Fundamentals Summary

How do Ocean Plastics's earnings and revenue compare to its market cap?
1321 fundamental statistics
Market capNT$7.26b
Earnings (TTM)NT$158.19m
Revenue (TTM)NT$4.77b

46.0x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1321 income statement (TTM)
RevenueNT$4.77b
Cost of RevenueNT$4.38b
Gross ProfitNT$390.36m
Other ExpensesNT$232.17m
EarningsNT$158.19m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.72
Gross Margin8.18%
Net Profit Margin3.31%
Debt/Equity Ratio64.8%

How did 1321 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

56%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 07:26
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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.

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 .

Analyst Sources

Ocean Plastics Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Titan HorngIBTS Investment Consulting Co., Ltd.
null nullYuanta Research