Taiwan Cement Corp. Logo

Taiwan Cement Corp.

1101.TW

(2.2)
Stock Price

33,15 TWD

1.4% ROA

3.12% ROE

34.02x PER

Market Cap.

247.399.263.000,00 TWD

82.56% DER

3.04% Yield

6.07% NPM

Taiwan Cement Corp. Stock Analysis

Taiwan Cement Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Taiwan Cement Corp. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

2 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

3 ROE

ROE in an average range (4%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (2%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.22x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 DER

The stock maintains a fair debt to equity ratio (73%), indicating a reasonable balance between the money it owes and the ownership it possesses.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (575) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

10 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Taiwan Cement Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Taiwan Cement Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Taiwan Cement Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Taiwan Cement Corp. Revenue
Year Revenue Growth
2006 64.942.255.000
2007 76.644.676.000 15.27%
2008 78.476.558.000 2.33%
2009 86.804.345.000 9.59%
2010 106.207.291.000 18.27%
2011 118.496.562.000 10.37%
2012 119.454.948.000 0.8%
2013 116.098.947.000 -2.89%
2014 118.325.809.000 1.88%
2015 93.679.076.000 -26.31%
2016 89.564.306.000 -4.59%
2017 98.311.776.000 8.9%
2018 124.594.602.000 21.09%
2019 122.783.014.000 -1.48%
2020 114.367.247.000 -7.36%
2021 107.041.452.000 -6.84%
2022 113.929.706.000 6.05%
2023 108.009.172.000 -5.48%
2023 109.314.335.000 1.19%
2024 155.875.392.000 29.87%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Taiwan Cement Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2006 47.849.000
2007 42.990.000 -11.3%
2008 34.364.000 -25.1%
2009 34.310.000 -0.16%
2010 54.457.000 37%
2011 57.587.000 5.44%
2012 33.111.000 -73.92%
2013 43.663.000 24.17%
2014 38.678.000 -12.89%
2015 6.895.000 -460.96%
2016 20.618.000 66.56%
2017 32.399.000 36.36%
2018 23.666.000 -36.9%
2019 40.748.000 41.92%
2020 29.046.000 -40.29%
2021 357.552.000 91.88%
2022 675.823.000 47.09%
2023 1.473.496.000 54.13%
2023 1.440.310.000 -2.3%
2024 1.762.056.000 18.26%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Taiwan Cement Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 1.804.615.000
2007 1.736.503.000 -3.92%
2008 2.097.445.000 17.21%
2009 2.273.387.000 7.74%
2010 2.844.005.000 20.06%
2011 3.215.331.000 11.55%
2012 3.497.451.000 8.07%
2013 3.984.173.000 12.22%
2014 4.011.430.000 0.68%
2015 3.987.700.000 -0.6%
2016 4.193.229.000 4.9%
2017 4.126.090.000 -1.63%
2018 4.485.361.000 8.01%
2019 4.699.672.000 4.56%
2020 5.110.389.000 8.04%
2021 5.797.048.000 11.84%
2022 6.925.430.000 16.29%
2023 8.440.960.000 17.95%
2023 8.095.687.000 -4.26%
2024 8.969.208.000 9.74%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Taiwan Cement Corp. EBITDA
Year EBITDA Growth
2006 15.851.717.000
2007 18.673.752.000 15.11%
2008 11.692.322.000 -59.71%
2009 20.463.526.000 42.86%
2010 24.708.177.000 17.18%
2011 27.002.776.000 8.5%
2012 22.535.413.000 -19.82%
2013 27.167.626.000 17.05%
2014 29.619.613.000 8.28%
2015 17.955.706.000 -64.96%
2016 21.549.874.000 16.68%
2017 22.572.890.000 4.53%
2018 39.552.476.000 42.93%
2019 43.109.879.000 8.25%
2020 44.807.638.000 3.79%
2021 34.472.300.000 -29.98%
2022 18.656.633.000 -84.77%
2023 30.772.108.000 39.37%
2023 28.112.162.000 -9.46%
2024 32.233.112.000 12.78%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Taiwan Cement Corp. Gross Profit
Year Gross Profit Growth
2006 12.540.121.000
2007 15.390.134.000 18.52%
2008 8.053.676.000 -91.09%
2009 15.534.389.000 48.16%
2010 19.496.334.000 20.32%
2011 20.575.441.000 5.24%
2012 17.709.127.000 -16.19%
2013 22.822.997.000 22.41%
2014 24.872.595.000 8.24%
2015 14.528.017.000 -71.2%
2016 17.981.004.000 19.2%
2017 18.912.914.000 4.93%
2018 33.591.539.000 43.7%
2019 35.910.255.000 6.46%
2020 37.587.580.000 4.46%
2021 26.650.099.000 -41.04%
2022 9.583.967.000 -178.07%
2023 23.099.808.000 58.51%
2023 20.533.769.000 -12.5%
2024 28.376.300.000 27.64%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Taiwan Cement Corp. Net Profit
Year Net Profit Growth
2006 6.877.643.000
2007 8.255.133.000 16.69%
2008 5.761.258.000 -43.29%
2009 7.424.530.000 22.4%
2010 8.031.321.000 7.56%
2011 8.619.825.000 6.83%
2012 7.734.823.000 -11.44%
2013 10.026.731.000 22.86%
2014 10.828.868.000 7.41%
2015 5.775.989.000 -87.48%
2016 6.358.452.000 9.16%
2017 7.594.247.000 16.27%
2018 21.180.821.000 64.15%
2019 24.211.081.000 12.52%
2020 25.099.309.000 3.54%
2021 20.256.366.000 -23.91%
2022 4.157.085.000 -387.27%
2023 4.987.376.000 16.65%
2023 7.997.814.000 37.64%
2024 9.068.284.000 11.8%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Taiwan Cement Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 2 0%
2008 1 0%
2009 2 0%
2010 2 0%
2011 2 0%
2012 2 0%
2013 2 50%
2014 2 0%
2015 1 -100%
2016 1 0%
2017 1 0%
2018 4 66.67%
2019 4 0%
2020 4 0%
2021 3 0%
2022 1 0%
2023 1 0%
2023 1 100%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Taiwan Cement Corp. Free Cashflow
Year Free Cashflow Growth
2006 12.089.175.000
2007 12.922.907.000 6.45%
2008 -2.338.589.000 652.59%
2009 9.090.490.000 125.73%
2010 2.123.495.000 -328.09%
2011 5.011.538.000 57.63%
2012 17.975.350.000 72.12%
2013 18.992.632.000 5.36%
2014 16.284.353.000 -16.63%
2015 18.656.769.000 12.72%
2016 15.674.843.000 -19.02%
2017 10.496.321.000 -49.34%
2018 17.777.916.000 40.96%
2019 16.440.699.000 -8.13%
2020 20.574.653.000 20.09%
2021 -428.360.000 4903.12%
2022 -18.178.947.000 97.64%
2023 7.111.191.000 355.64%
2023 1.419.960.000 -400.8%
2024 930.000 -152583.87%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Taiwan Cement Corp. Operating Cashflow
Year Operating Cashflow Growth
2006 12.385.434.000
2007 13.013.446.000 4.83%
2008 12.412.104.000 -4.84%
2009 17.295.821.000 28.24%
2010 13.814.754.000 -25.2%
2011 15.866.692.000 12.93%
2012 22.851.484.000 30.57%
2013 21.973.605.000 -4%
2014 19.986.920.000 -9.94%
2015 21.763.392.000 8.16%
2016 18.750.155.000 -16.07%
2017 12.310.560.000 -52.31%
2018 22.150.720.000 44.42%
2019 28.871.269.000 23.28%
2020 31.279.276.000 7.7%
2021 18.972.370.000 -64.87%
2022 6.180.505.000 -206.97%
2023 33.751.150.000 81.69%
2023 6.563.222.000 -414.25%
2024 6.505.354.000 -0.89%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Taiwan Cement Corp. Capital Expenditure
Year Capital Expenditure Growth
2006 296.259.000
2007 90.539.000 -227.22%
2008 14.750.693.000 99.39%
2009 8.205.331.000 -79.77%
2010 11.691.259.000 29.82%
2011 10.855.154.000 -7.7%
2012 4.876.134.000 -122.62%
2013 2.980.973.000 -63.58%
2014 3.702.567.000 19.49%
2015 3.106.623.000 -19.18%
2016 3.075.312.000 -1.02%
2017 1.814.239.000 -69.51%
2018 4.372.804.000 58.51%
2019 12.430.570.000 64.82%
2020 10.704.623.000 -16.12%
2021 19.400.730.000 44.82%
2022 24.359.452.000 20.36%
2023 26.639.959.000 8.56%
2023 5.143.262.000 -417.96%
2024 6.504.424.000 20.93%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Taiwan Cement Corp. Equity
Year Equity Growth
2006 77.518.099.000
2007 102.888.532.000 24.66%
2008 90.248.797.000 -14.01%
2009 101.113.810.000 10.75%
2010 124.527.921.000 18.8%
2011 129.320.349.000 3.71%
2012 131.743.600.000 1.84%
2013 153.618.577.000 14.24%
2014 162.017.681.000 5.18%
2015 155.484.252.000 -4.2%
2016 147.396.671.000 -5.49%
2017 152.647.216.000 3.44%
2018 197.379.456.000 22.66%
2019 208.461.867.000 5.32%
2020 218.830.053.000 4.74%
2021 225.654.673.000 3.02%
2022 238.275.780.000 5.3%
2023 253.901.041.000 6.15%
2023 244.726.491.000 -3.75%
2024 296.987.706.000 17.6%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Taiwan Cement Corp. Assets
Year Assets Growth
2006 161.349.504.000
2007 191.914.424.000 15.93%
2008 186.867.735.000 -2.7%
2009 204.741.262.000 8.73%
2010 262.071.122.000 21.88%
2011 261.894.940.000 -0.07%
2012 261.430.728.000 -0.18%
2013 282.680.739.000 7.52%
2014 292.743.832.000 3.44%
2015 293.066.355.000 0.11%
2016 266.988.696.000 -9.77%
2017 272.557.049.000 2.04%
2018 344.085.118.000 20.79%
2019 367.482.385.000 6.37%
2020 389.506.236.000 5.65%
2021 441.684.559.000 11.81%
2022 460.808.961.000 4.15%
2023 469.438.522.000 1.84%
2023 472.917.462.000 0.74%
2024 583.500.280.000 18.95%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Taiwan Cement Corp. Liabilities
Year Liabilities Growth
2006 83.831.405.000
2007 89.025.892.000 5.83%
2008 96.618.938.000 7.86%
2009 103.627.452.000 6.76%
2010 137.543.201.000 24.66%
2011 132.574.591.000 -3.75%
2012 129.687.128.000 -2.23%
2013 129.062.162.000 -0.48%
2014 130.726.151.000 1.27%
2015 137.582.103.000 4.98%
2016 119.592.025.000 -15.04%
2017 119.909.833.000 0.27%
2018 146.705.662.000 18.27%
2019 159.020.518.000 7.74%
2020 170.676.183.000 6.83%
2021 216.029.886.000 20.99%
2022 222.533.181.000 2.92%
2023 215.537.481.000 -3.25%
2023 228.190.971.000 5.55%
2024 286.512.574.000 20.36%

Taiwan Cement Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
15.92
Net Income per Share
0.97
Price to Earning Ratio
34.02x
Price To Sales Ratio
2.06x
POCF Ratio
7.75
PFCF Ratio
106.14
Price to Book Ratio
1.03
EV to Sales
3.09
EV Over EBITDA
13.62
EV to Operating CashFlow
11.61
EV to FreeCashFlow
158.98
Earnings Yield
0.03
FreeCashFlow Yield
0.01
Market Cap
247,40 Bil.
Enterprise Value
370,56 Bil.
Graham Number
26.28
Graham NetNet
-18.79

Income Statement Metrics

Net Income per Share
0.97
Income Quality
2.82
ROE
0.03
Return On Assets
0.01
Return On Capital Employed
0.03
Net Income per EBT
0.47
EBT Per Ebit
0.99
Ebit per Revenue
0.13
Effective Tax Rate
0.34

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
-0
Gross Profit Margin
0.19
Operating Profit Margin
0.13
Pretax Profit Margin
0.13
Net Profit Margin
0.06

Dividends

Dividend Yield
0.03
Dividend Yield %
3.04
Payout Ratio
0.77
Dividend Per Share
1

Operating Metrics

Operating Cashflow per Share
4.24
Free CashFlow per Share
0.31
Capex to Operating CashFlow
0.93
Capex to Revenue
0.25
Capex to Depreciation
2.6
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
106.06
Days Payables Outstanding
77.28
Days of Inventory on Hand
71.11
Receivables Turnover
3.44
Payables Turnover
4.72
Inventory Turnover
5.13
Capex per Share
3.93

Balance Sheet

Cash per Share
14,53
Book Value per Share
39,43
Tangible Book Value per Share
30.86
Shareholders Equity per Share
31.78
Interest Debt per Share
26.8
Debt to Equity
0.83
Debt to Assets
0.34
Net Debt to EBITDA
4.53
Current Ratio
1.85
Tangible Asset Value
232,39 Bil.
Net Current Asset Value
-114,63 Bil.
Invested Capital
371229600000
Working Capital
79,09 Bil.
Intangibles to Total Assets
0.11
Average Receivables
34,48 Bil.
Average Payables
20,08 Bil.
Average Inventory
18530324500
Debt to Market Cap
0.8

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Taiwan Cement Corp. Dividends
Year Dividends Growth
2000 0
2003 0 0%
2004 0 0%
2005 1 0%
2006 1 100%
2007 2 0%
2008 2 0%
2009 1 0%
2010 2 0%
2011 2 50%
2012 2 -100%
2013 2 0%
2014 2 50%
2015 2 0%
2016 1 -100%
2017 1 0%
2018 1 0%
2019 3 66.67%
2020 3 -50%
2021 3 33.33%
2022 1 0%
2023 0 0%
2024 1 100%

Taiwan Cement Corp. Profile

About Taiwan Cement Corp.

Taiwan Cement Corporation manufactures and markets cement, cement-related products, and ready mix concrete in Taiwan. It operates through Cement, Chemical Engineering, Electricity, and Other segments. The company also exports cement and cement clinkers. In addition, the company generates thermal and renewable energy; processes and sells refractory, chemical, and rubber raw materials, and batteries; sells limestone; and offers property leasing and energy technology, information software design, afforestation, industrial port management, marine transportation, engineering, construction and lease, waste collection and treatment, business consulting, port facility, software product and equipment maintenance, logistics and transportation, and dangerous waste treatment services. Further, it is involved in the sand and gravel filtering and sale; import and export trading; warehousing, and transportation; mining excavation activities; and manufacture and sale of slag powder. Taiwan Cement Corporation was incorporated in 1946 and is headquartered in Taipei, Taiwan.

CEO
Mr. An-Ping Chang
Employee
1.099
Address
No. 113, Zhongshan North Road
Taipei,

Taiwan Cement Corp. Executives & BODs

Taiwan Cement Corp. Executives & BODs
# Name Age
1 Mr. An-Ping Chang
Chairman & Chief Executive Officer
70
2 Mr. Yao-Hui Cheng
President
70
3 Mr. Guo-Hong Yeh
Accounting Chief Officer & Senior Assistant Vice President
70
4 Mr. Chien-Chiang Huang
Senior Vice President of Sales Department
70
5 Ms. Feng-Ping Liu
Chief HR Officer
70
6 Mr. Ker-Fu Lu
Senior Vice President
70
7 Mr. Kung-Yi Koo
Assistant Vice President & Representative Director
70
8 Emerson Chang
Chief Information Security Officer
70
9 Yu-Jun Yeh
Chief Sustainability Officer & Vice President
70
10 Mr. Randy Yu
Chief Financial Officer
70

Taiwan Cement Corp. Competitors