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Shinkong Synthetic Fibers TWSE:1409 Stock Report

Last Price

NT$15.00

Market Cap

NT$24.4b

7D

-3.5%

1Y

-3.2%

Updated

20 Dec, 2024

Data

Company Financials

Shinkong Synthetic Fibers Corporation

TWSE:1409 Stock Report

Market Cap: NT$24.4b

My Notes

Capture your thoughts, links and company narrative

Shinkong Synthetic Fibers Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shinkong Synthetic Fibers
Historical stock prices
Current Share PriceNT$15.00
52 Week HighNT$18.80
52 Week LowNT$14.60
Beta0.66
1 Month Change-3.23%
3 Month Change-7.12%
1 Year Change-3.23%
3 Year Change-25.19%
5 Year Change24.48%
Change since IPO-32.27%

Recent News & Updates

Shinkong Synthetic Fibers' (TWSE:1409) Dividend Is Being Reduced To NT$0.55

Aug 08
Shinkong Synthetic Fibers' (TWSE:1409) Dividend Is Being Reduced To NT$0.55

There's Reason For Concern Over Shinkong Synthetic Fibers Corporation's (TWSE:1409) Price

Aug 07
There's Reason For Concern Over Shinkong Synthetic Fibers Corporation's (TWSE:1409) Price

Recent updates

Shinkong Synthetic Fibers' (TWSE:1409) Dividend Is Being Reduced To NT$0.55

Aug 08
Shinkong Synthetic Fibers' (TWSE:1409) Dividend Is Being Reduced To NT$0.55

There's Reason For Concern Over Shinkong Synthetic Fibers Corporation's (TWSE:1409) Price

Aug 07
There's Reason For Concern Over Shinkong Synthetic Fibers Corporation's (TWSE:1409) Price

Is Shinkong Synthetic Fibers (TWSE:1409) A Risky Investment?

Jul 05
Is Shinkong Synthetic Fibers (TWSE:1409) A Risky Investment?

Returns On Capital Signal Tricky Times Ahead For Shinkong Synthetic Fibers (TWSE:1409)

Mar 05
Returns On Capital Signal Tricky Times Ahead For Shinkong Synthetic Fibers (TWSE:1409)

Shinkong Synthetic Fibers (TPE:1409) Takes On Some Risk With Its Use Of Debt

Apr 10
Shinkong Synthetic Fibers (TPE:1409) Takes On Some Risk With Its Use Of Debt

Estimating The Intrinsic Value Of Shinkong Synthetic Fibers Corporation (TPE:1409)

Mar 26
Estimating The Intrinsic Value Of Shinkong Synthetic Fibers Corporation (TPE:1409)

Returns On Capital At Shinkong Synthetic Fibers (TPE:1409) Paint An Interesting Picture

Mar 09
Returns On Capital At Shinkong Synthetic Fibers (TPE:1409) Paint An Interesting Picture

Did You Participate In Any Of Shinkong Synthetic Fibers' (TPE:1409) Respectable 67% Return?

Feb 17
Did You Participate In Any Of Shinkong Synthetic Fibers' (TPE:1409) Respectable 67% Return?

Are Shinkong Synthetic Fibers's (TPE:1409) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 30
Are Shinkong Synthetic Fibers's (TPE:1409) Statutory Earnings A Good Guide To Its Underlying Profitability?

Is Shinkong Synthetic Fibers Corporation (TPE:1409) A Good Dividend Stock?

Jan 12
Is Shinkong Synthetic Fibers Corporation (TPE:1409) A Good Dividend Stock?

Is Shinkong Synthetic Fibers (TPE:1409) Using Too Much Debt?

Dec 25
Is Shinkong Synthetic Fibers (TPE:1409) Using Too Much Debt?

Returns On Capital At Shinkong Synthetic Fibers (TPE:1409) Paint An Interesting Picture

Nov 28
Returns On Capital At Shinkong Synthetic Fibers (TPE:1409) Paint An Interesting Picture

Shareholder Returns

1409TW ChemicalsTW Market
7D-3.5%-3.4%-0.6%
1Y-3.2%-31.9%28.2%

Return vs Industry: 1409 exceeded the TW Chemicals industry which returned -31.9% over the past year.

Return vs Market: 1409 underperformed the TW Market which returned 28.2% over the past year.

Price Volatility

Is 1409's price volatile compared to industry and market?
1409 volatility
1409 Average Weekly Movement2.1%
Chemicals Industry Average Movement4.3%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.9%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 1409 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1409's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1967n/aChin-Ta Ouwww.shinkong.com.tw

Shinkong Synthetic Fibers Corporation researches for, manufactures, and sells polyester chips and polyester films in Asia. The company’s products primarily include partially oriented yarns, polyester filament yarns, fully drawn yarns, polyester staple fibers, polyester draw textured yarns, industrial yarns, polyester pellets, PET bottle grade resins, PET bottles, PET bottle preforms, engineering polymers, optical films, polyester films, and A-PET sheets. It also offers synthetic resins, plastic products; chemical fiber weaving, printing, and dyeing services; and leasing, investment, human resources management and securities investment consulting, and life and property insurance agency services, as well as electronic information software.

Shinkong Synthetic Fibers Corporation Fundamentals Summary

How do Shinkong Synthetic Fibers's earnings and revenue compare to its market cap?
1409 fundamental statistics
Market capNT$24.45b
Earnings (TTM)NT$1.44b
Revenue (TTM)NT$43.78b

16.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1409 income statement (TTM)
RevenueNT$43.78b
Cost of RevenueNT$34.37b
Gross ProfitNT$9.41b
Other ExpensesNT$7.97b
EarningsNT$1.44b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.89
Gross Margin21.49%
Net Profit Margin3.28%
Debt/Equity Ratio136.3%

How did 1409 perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

62%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 11:30
End of Day Share Price 2024/12/20 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

Shinkong Synthetic Fibers Corporation is covered by 3 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
Shu Fang ChenSinoPac Securities Investment Service
Rohit SinghalVirtua Research Inc.
Danny HoYuanta Research