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Shinkong Synthetic Fibers TWSE:1409 Stock Report

Last Price

NT$16.15

Market Cap

NT$26.1b

7D

1.6%

1Y

-1.8%

Updated

16 Aug, 2024

Data

Company Financials

Shinkong Synthetic Fibers Corporation

TWSE:1409 Stock Report

Market Cap: NT$26.1b

1409 Stock Overview

Researches for, manufactures, and sells polyester chips and polyester films in Asia.

1409 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends3/6

Shinkong Synthetic Fibers Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shinkong Synthetic Fibers
Historical stock prices
Current Share PriceNT$16.15
52 Week HighNT$18.80
52 Week LowNT$14.60
Beta0.69
11 Month Change-11.75%
3 Month Change-4.44%
1 Year Change-1.82%
33 Year Change-16.54%
5 Year Change27.67%
Change since IPO-27.07%

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

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

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

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
7D1.6%0.9%5.0%
1Y-1.8%-15.5%31.5%

Return vs Industry: 1409 exceeded the TW Chemicals industry which returned -15.5% over the past year.

Return vs Market: 1409 underperformed the TW Market which returned 31.5% over the past year.

Price Volatility

Is 1409's price volatile compared to industry and market?
1409 volatility
1409 Average Weekly Movement4.2%
Chemicals Industry Average Movement5.0%
Market Average Movement5.7%
10% most volatile stocks in TW Market9.4%
10% least volatile stocks in TW Market2.9%

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

Volatility Over Time: 1409's weekly volatility (4%) 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$26.06b
Earnings (TTM)NT$1.32b
Revenue (TTM)NT$42.95b

19.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1409 income statement (TTM)
RevenueNT$42.95b
Cost of RevenueNT$34.34b
Gross ProfitNT$8.61b
Other ExpensesNT$7.29b
EarningsNT$1.32b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.82
Gross Margin20.05%
Net Profit Margin3.07%
Debt/Equity Ratio137.8%

How did 1409 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

67%

Payout Ratio

Does 1409 pay a reliable dividends?

See 1409 dividend history and benchmarks
When do you need to buy 1409 by to receive an upcoming dividend?
Shinkong Synthetic Fibers dividend dates
Ex Dividend DateAug 27 2024
Dividend Pay DateSep 27 2024
Days until Ex dividend10 days
Days until Dividend pay date41 days

Does 1409 pay a reliable dividends?

See 1409 dividend history and benchmarks
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