2103 Stock Overview
Engages in the manufacture, import, transport, and sale of various synthetic rubber and related products in Taiwan, China, the United States, Vietnam, Thailand, Germany, Indonesia, Japan, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
TSRC Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$20.20 |
| 52 Week High | NT$25.60 |
| 52 Week Low | NT$20.20 |
| Beta | 0.83 |
| 1 Month Change | -14.04% |
| 3 Month Change | -12.17% |
| 1 Year Change | -15.66% |
| 3 Year Change | -50.12% |
| 5 Year Change | -16.53% |
| Change since IPO | 23.08% |
Recent News & Updates
Recent updates
TSRC (TWSE:2103) Is Paying Out Less In Dividends Than Last Year
Jun 19
Rainbows and Unicorns: TSRC Corporation (TPE:2103) Analysts Just Became A Lot More Optimistic
Apr 28Zooming in on TPE:2103's 1.3% Dividend Yield
Mar 22Are Investors Concerned With What's Going On At TSRC (TPE:2103)?
Mar 01Is TSRC Corporation (TPE:2103) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 02
Is TSRC (TPE:2103) A Risky Investment?
Jan 12Something To Consider Before Buying TSRC Corporation (TPE:2103) For The 2.2% Dividend
Dec 22Reflecting on TSRC's (TPE:2103) Share Price Returns Over The Last Three Years
Dec 01Shareholder Returns
| 2103 | TW Chemicals | TW Market | |
|---|---|---|---|
| 7D | -6.5% | -4.4% | -2.1% |
| 1Y | -15.7% | -33.2% | 25.6% |
Return vs Industry: 2103 exceeded the TW Chemicals industry which returned -33.2% over the past year.
Return vs Market: 2103 underperformed the TW Market which returned 25.6% over the past year.
Price Volatility
| 2103 volatility | |
|---|---|
| 2103 Average Weekly Movement | 3.1% |
| Chemicals Industry Average Movement | 4.2% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in TW Market | 7.8% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 2103 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 2103's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1973 | n/a | Joseph Chai | www.tsrc.com.tw |
TSRC Corporation, together with its subsidiaries, engages in the manufacture, import, transport, and sale of various synthetic rubber and related products in Taiwan, China, the United States, Vietnam, Thailand, Germany, Indonesia, Japan, and internationally. The company operates through two segments: Synthetic Rubber and Non-Synthetic Rubber. The company offers ESBR rubber for use in automotive tires, shoe soles, conveyor belts, military caterpillar and tow trucks tracks, sports equipment, and toys; SSBR rubber for use in energy-saving, high performance, and all-season tires; BR rubber that is used in the production of plastic modification for HIPS and high-speed radial tires; and NBR rubber for use in oil hoses and seals, rollers, industrial gaskets, belts, shoe soles, rubber plastic foam sheets, and conveyor belts.
TSRC Corporation Fundamentals Summary
| 2103 fundamental statistics | |
|---|---|
| Market cap | NT$16.68b |
| Earnings (TTM) | NT$1.16b |
| Revenue (TTM) | NT$35.50b |
14.3x
P/E Ratio0.5x
P/S RatioIs 2103 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2103 income statement (TTM) | |
|---|---|
| Revenue | NT$35.50b |
| Cost of Revenue | NT$31.37b |
| Gross Profit | NT$4.14b |
| Other Expenses | NT$2.97b |
| Earnings | NT$1.16b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.41 |
| Gross Margin | 11.65% |
| Net Profit Margin | 3.28% |
| Debt/Equity Ratio | 57.5% |
How did 2103 perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield40%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
TSRC Corporation is covered by 15 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Changming Yeh | Barclays |
| Mike Yang | CGS International |
| Kenneth Shin | CLSA |