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Ocean Plastics Co., Ltd.TWSE:1321 Stock Report

Market Cap NT$6.5b
Share Price
NT$29.55
NT$8.65
241.7% overvalued intrinsic discount
1Y-18.7%
7D-2.8%
Portfolio Value
View

Ocean Plastics Co., Ltd.

TWSE:1321 Stock Report

Market Cap: NT$6.5b

Ocean Plastics (1321) Stock Overview

Manufactures and sells plastic products in Taiwan, India, the United States, Mainland China, Japan, and internationally. More details

1321 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

1321 Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

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$29.55
52 Week HighNT$38.20
52 Week LowNT$29.15
Beta0.048
1 Month Change-11.53%
3 Month Change-10.86%
1 Year Change-18.71%
3 Year Change-11.92%
5 Year Change-14.10%
Change since IPO25.49%

Recent News & Updates

Recent updates

Analysis Article Jan 17

Does Ocean Plastics (TWSE:1321) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 19

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

Ocean Plastics Co., Ltd.'s ( TWSE:1321 ) robust recent earnings didn't do much to move the stock. We believe that...
Analysis Article Mar 24

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

The recent earnings posted by Ocean Plastics Co., Ltd. ( TWSE:1321 ) were solid, but the stock didn't move as much as...
Analysis Article Apr 29

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

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article Apr 11

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

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Mar 04

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 11

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

Ocean Plastics Co., Ltd.'s ( TPE:1321 ) price-to-earnings (or "P/E") ratio of 31.8x might make it look like a strong...
Analysis Article Jan 23

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

The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...
Analysis Article Jan 05

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

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Dec 21

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

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Dec 03

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

Most readers would already know that Ocean Plastics' (TPE:1321) stock increased by 3.8% over the past month. We wonder...

Shareholder Returns

1321TW ChemicalsTW Market
7D-2.8%-2.5%6.7%
1Y-18.7%72.5%98.2%

Return vs Industry: 1321 underperformed the TW Chemicals industry which returned 72.5% over the past year.

Return vs Market: 1321 underperformed the TW Market which returned 98.2% over the past year.

Price Volatility

Is 1321's price volatile compared to industry and market?
1321 volatility
1321 Average Weekly Movement2.6%
Chemicals Industry Average Movement7.3%
Market Average Movement6.0%
10% most volatile stocks in TW Market12.2%
10% least volatile stocks in TW Market2.5%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965n/aKin-Men Tanwww.opc.com.tw

Ocean Plastics Co., Ltd. manufactures and sells plastic products in Taiwan, India, the United States, Mainland China, Japan, and internationally. The company offers DMF-free eco-friendly polyurethane (PU) products, including water-based PU leather, films/hyperfoam, bases, and resins; and solvent-free prepolymer polyurethane leather, films, and resins; PU synthetic leather, fiber processing, foamed PU films, adhesives for textile and other laminations, and printing pigments for use in footwear, ball and protective gear, furniture and home products, consumer electronics, bags, garments/textiles, and special applications. It also provides Ozeanwud board and decking, extrusion profiles, and embossed decking products for decking, landscape designs, fences, grillages, and cultural creative product applications; wood plastic composites for use in compounds, decking and railing series, accessories, roof tile fixed strips, and outdoor furniture applications; and PVC sheets for use in stationery, furniture, decoration, packaging, and special grade applications.

Ocean Plastics Co., Ltd. Fundamentals Summary

How do Ocean Plastics's earnings and revenue compare to its market cap?
1321 fundamental statistics
Market capNT$6.52b
Earnings (TTM)-NT$195.01m
Revenue (TTM)NT$3.48b
1.9x
P/S Ratio
-33.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1321 income statement (TTM)
RevenueNT$3.48b
Cost of RevenueNT$3.21b
Gross ProfitNT$278.32m
Other ExpensesNT$473.33m
Earnings-NT$195.01m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.88
Gross Margin7.99%
Net Profit Margin-5.60%
Debt/Equity Ratio73.0%

How did 1321 perform over the long term?

See historical performance and comparison

Dividends

1.3%
Current Dividend Yield
-53%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 14:54
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Ocean Plastics Co., Ltd. is covered by 1 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
null nullYuanta Research