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Sinkang Industries Co., Ltd.TWSE:2032 Stock Report

Market Cap NT$2.3b
Share Price
NT$17.80
NT$36.43
51.1% undervalued intrinsic discount
1Y19.5%
7D-1.1%
1D
Portfolio Value
View

Sinkang Industries Co., Ltd.

TWSE:2032 Stock Report

Market Cap: NT$2.3b

Sinkang Industries (2032) Stock Overview

Manufactures and sells stainless steel in Taiwan and internationally. More details

2032 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends4/6

2032 Community Fair Values

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Sinkang Industries Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sinkang Industries
Historical stock prices
Current Share PriceNT$17.80
52 Week HighNT$19.25
52 Week LowNT$13.25
Beta0.53
1 Month Change7.55%
3 Month Change14.84%
1 Year Change19.46%
3 Year Change-1.39%
5 Year Change-12.32%
Change since IPO172.52%

Recent News & Updates

Recent updates

Analysis Article Mar 22

Sinkang Industries' (TWSE:2032) Earnings Are Weaker Than They Seem

Sinkang Industries Co., Ltd.'s ( TWSE:2032 ) robust earnings report didn't manage to move the market for its stock. Our...
Analysis Article Mar 06

Revenues Not Telling The Story For Sinkang Industries Co., Ltd. (TWSE:2032) After Shares Rise 51%

Sinkang Industries Co., Ltd. ( TWSE:2032 ) shareholders would be excited to see that the share price has had a great...
Analysis Article Jan 20

Unpleasant Surprises Could Be In Store For Sinkang Industries Co., Ltd.'s (TWSE:2032) Shares

It's not a stretch to say that Sinkang Industries Co., Ltd.'s ( TWSE:2032 ) price-to-sales (or "P/S") ratio of 0.6x...
Analysis Article Aug 18

We Think That There Are Some Issues For Sinkang Industries (TWSE:2032) Beyond Its Promising Earnings

Sinkang Industries Co., Ltd.'s ( TWSE:2032 ) robust recent earnings didn't do much to move the stock. We think this is...
Analysis Article Aug 07

Pinning Down Sinkang Industries Co., Ltd.'s (TWSE:2032) P/S Is Difficult Right Now

With a median price-to-sales (or "P/S") ratio of close to 0.8x in the Metals and Mining industry in Taiwan, you could...
Analysis Article Apr 20

Sinkang Industries (TPE:2032) Might Have The Makings Of A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Mar 15

Is Sinkang Industries (TPE:2032) A Risky Investment?

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 25

Does Sinkang Industries Co., Ltd.'s (TPE:2032) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Most readers would already be aware that Sinkang Industries' (TPE:2032) stock increased significantly by 30% over the...
Analysis Article Feb 07

Should You Buy Sinkang Industries Co., Ltd. (TPE:2032) For Its 2.8% Dividend?

Is Sinkang Industries Co., Ltd. ( TPE:2032 ) a good dividend stock? How can we tell? Dividend paying companies with...
Analysis Article Jan 19

What Do The Returns At Sinkang Industries (TPE:2032) Mean Going Forward?

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Jan 01

Sinkang Industries (TPE:2032) Has Gifted Shareholders With A Fantastic 125% Total Return On Their Investment

Passive investing in index funds can generate returns that roughly match the overall market. But you can do a lot...
Analysis Article Dec 15

Is Sinkang Industries (TPE:2032) A Risky Investment?

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 Nov 27

Sinkang Industries Co., Ltd.'s (TPE:2032) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?

Sinkang Industries' (TPE:2032) stock is up by a considerable 24% over the past three months. However, we decided to...

Shareholder Returns

2032TW Metals and MiningTW Market
7D-1.1%1.0%-2.0%
1Y19.5%10.6%99.7%

Return vs Industry: 2032 exceeded the TW Metals and Mining industry which returned 8.9% over the past year.

Return vs Market: 2032 underperformed the TW Market which returned 98.2% over the past year.

Price Volatility

Is 2032's price volatile compared to industry and market?
2032 volatility
2032 Average Weekly Movement6.2%
Metals and Mining Industry Average Movement4.5%
Market Average Movement6.3%
10% most volatile stocks in TW Market12.1%
10% least volatile stocks in TW Market2.6%

Stable Share Price: 2032 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2032's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971184Chu Si Chengwww.sinkang.com.tw

Sinkang Industries Co., Ltd. manufactures and sells stainless steel in Taiwan and internationally. It primarily offers stainless steel plate and coil shearing, coil slitting, plate surface treatment, mirror finishing, and embossing forming. The company also provides round tube forming, and angle bar forming.

Sinkang Industries Co., Ltd. Fundamentals Summary

How do Sinkang Industries's earnings and revenue compare to its market cap?
2032 fundamental statistics
Market capNT$2.32b
Earnings (TTM)NT$112.40m
Revenue (TTM)NT$3.06b
20.7x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2032 income statement (TTM)
RevenueNT$3.06b
Cost of RevenueNT$2.87b
Gross ProfitNT$183.42m
Other ExpensesNT$71.01m
EarningsNT$112.40m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.86
Gross Margin6.00%
Net Profit Margin3.68%
Debt/Equity Ratio13.5%

How did 2032 perform over the long term?

See historical performance and comparison

Dividends

2.8%
Current Dividend Yield
58%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 01:05
End of Day Share Price 2026/06/09 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

Sinkang Industries Co., Ltd. is covered by 0 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.