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Ocean Plastics TWSE:1321 Stock Report

Last Price

NT$37.30

Market Cap

NT$8.3b

7D

-2.7%

1Y

6.3%

Updated

25 Jun, 2024

Data

Company Financials

Ocean Plastics Co., Ltd.

TWSE:1321 Stock Report

Market Cap: NT$8.3b

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.

1321 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends2/6

Ocean Plastics Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ocean Plastics
Historical stock prices
Current Share PriceNT$37.30
52 Week HighNT$43.80
52 Week LowNT$34.20
Beta0.59
11 Month Change-3.12%
3 Month Change7.34%
1 Year Change6.27%
33 Year Change-1.84%
5 Year Change33.21%
Change since IPO58.40%

Recent News & Updates

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

Recent updates

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
7D-2.7%0.4%1.3%
1Y6.3%-17.4%32.1%

Return vs Industry: 1321 exceeded the TW Chemicals industry which returned -17.4% over the past year.

Return vs Market: 1321 underperformed the TW Market which returned 32.1% over the past year.

Price Volatility

Is 1321's price volatile compared to industry and market?
1321 volatility
1321 Average Weekly Movement4.0%
Chemicals Industry Average Movement3.5%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.2%

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

Volatility Over Time: 1321's weekly volatility (4%) 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 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$8.29b
Earnings (TTM)NT$178.70m
Revenue (TTM)NT$4.70b

46.1x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1321 income statement (TTM)
RevenueNT$4.70b
Cost of RevenueNT$4.35b
Gross ProfitNT$345.95m
Other ExpensesNT$167.25m
EarningsNT$178.70m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin7.37%
Net Profit Margin3.81%
Debt/Equity Ratio67.0%

How did 1321 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

49%

Payout Ratio
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