Asia Polymer Corporation Logo

Asia Polymer Corporation

1308.TW

(2.2)
Stock Price

16,95 TWD

-1.67% ROA

-1.88% ROE

-42.02x PER

Market Cap.

10.360.832.800,00 TWD

7.35% DER

2.58% Yield

-3.77% NPM

Asia Polymer Corporation Stock Analysis

Asia Polymer Corporation 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.

Asia Polymer Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (4%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

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 (6.09%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (5.89%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.01x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (293), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Assets Growth

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

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Asia Polymer Corporation 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.

Asia Polymer Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Hold

Asia Polymer Corporation 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.

Asia Polymer Corporation Revenue
Year Revenue Growth
2006 4.549.982.000
2007 6.061.111.000 24.93%
2008 5.570.873.000 -8.8%
2009 4.866.710.000 -14.47%
2010 6.336.758.000 23.2%
2011 6.294.688.000 -0.67%
2012 4.790.510.000 -31.4%
2013 5.804.229.000 17.47%
2014 5.566.285.000 -4.27%
2015 5.045.856.000 -10.31%
2016 5.893.335.000 14.38%
2017 6.404.467.000 7.98%
2018 6.375.134.000 -0.46%
2019 6.791.157.000 6.13%
2020 5.703.546.000 -19.07%
2021 9.565.813.000 40.38%
2022 9.815.332.000 2.54%
2023 7.246.044.000 -35.46%
2023 6.717.128.000 -7.87%
2024 5.979.260.000 -12.34%

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.

Asia Polymer Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 9.357.000
2007 9.534.000 1.86%
2008 9.748.000 2.2%
2009 15.807.000 38.33%
2010 14.368.000 -10.02%
2011 11.084.000 -29.63%
2012 7.708.000 -43.8%
2013 7.724.000 0.21%
2014 7.996.000 3.4%
2015 6.504.000 -22.94%
2016 6.583.000 1.2%
2017 6.226.000 -5.73%
2018 5.032.000 -23.73%
2019 5.126.000 1.83%
2020 5.423.000 5.48%
2021 6.154.000 11.88%
2022 6.468.000 4.85%
2023 7.228.000 10.51%
2023 6.353.000 -13.77%
2024 5.796.000 -9.61%

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.

Asia Polymer Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 62.319.000
2007 75.181.000 17.11%
2008 65.504.000 -14.77%
2009 69.454.000 5.69%
2010 72.703.000 4.47%
2011 144.160.000 49.57%
2012 76.786.000 -87.74%
2013 85.122.000 9.79%
2014 84.441.000 -0.81%
2015 87.966.000 4.01%
2016 107.942.000 18.51%
2017 112.304.000 3.88%
2018 105.930.000 -6.02%
2019 120.341.000 11.98%
2020 111.673.000 -7.76%
2021 121.018.000 7.72%
2022 127.858.000 5.35%
2023 108.912.000 -17.4%
2023 113.430.000 3.98%
2024 111.792.000 -1.47%

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.

Asia Polymer Corporation EBITDA
Year EBITDA Growth
2006 380.305.000
2007 994.025.000 61.74%
2008 524.223.000 -89.62%
2009 1.094.053.000 52.08%
2010 1.822.513.000 39.97%
2011 2.030.438.000 10.24%
2012 646.537.000 -214.05%
2013 702.130.000 7.92%
2014 674.780.000 -4.05%
2015 724.045.000 6.8%
2016 997.577.000 27.42%
2017 988.277.000 -0.94%
2018 649.411.000 -52.18%
2019 1.345.139.000 51.72%
2020 1.642.584.000 18.11%
2021 4.073.393.000 59.68%
2022 2.133.289.000 -90.94%
2023 1.123.540.000 -89.87%
2023 479.706.000 -134.21%
2024 502.544.000 4.54%

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.

Asia Polymer Corporation Gross Profit
Year Gross Profit Growth
2006 361.799.000
2007 989.943.000 63.45%
2008 756.169.000 -30.92%
2009 1.088.151.000 30.51%
2010 1.730.677.000 37.13%
2011 2.008.473.000 13.83%
2012 495.321.000 -305.49%
2013 491.359.000 -0.81%
2014 587.812.000 16.41%
2015 593.338.000 0.93%
2016 779.859.000 23.92%
2017 697.076.000 -11.88%
2018 284.466.000 -145.05%
2019 1.035.448.000 72.53%
2020 1.129.152.000 8.3%
2021 3.597.668.000 68.61%
2022 3.232.872.000 -11.28%
2023 1.073.484.000 -201.16%
2023 1.145.997.000 6.33%
2024 397.996.000 -187.94%

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.

Asia Polymer Corporation Net Profit
Year Net Profit Growth
2006 368.206.000
2007 785.693.000 53.14%
2008 339.010.000 -131.76%
2009 985.751.000 65.61%
2010 1.452.816.000 32.15%
2011 1.619.734.000 10.31%
2012 618.262.000 -161.98%
2013 536.855.000 -15.16%
2014 499.933.000 -7.39%
2015 531.557.000 5.95%
2016 665.825.000 20.17%
2017 565.354.000 -17.77%
2018 286.826.000 -97.11%
2019 821.021.000 65.06%
2020 1.103.587.000 25.6%
2021 3.101.127.000 64.41%
2022 1.447.369.000 -114.26%
2023 658.012.000 -119.96%
2023 116.284.000 -465.87%
2024 -287.756.000 140.41%

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.

Asia Polymer Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 1
2007 2 100%
2008 1 0%
2009 2 100%
2010 2 50%
2011 3 0%
2012 1 -100%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 100%
2017 1 0%
2018 0 0%
2019 1 100%
2020 2 0%
2021 5 80%
2022 2 -150%
2023 1 -100%
2023 0 0%
2024 0 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.

Asia Polymer Corporation Free Cashflow
Year Free Cashflow Growth
2006 63.324.000
2007 920.191.000 93.12%
2008 411.719.000 -123.5%
2009 921.642.000 55.33%
2010 1.297.521.000 28.97%
2011 1.180.897.000 -9.88%
2012 88.384.000 -1236.1%
2013 171.224.000 48.38%
2014 397.818.000 56.96%
2015 -1.022.064.000 138.92%
2016 -1.030.489.000 0.82%
2017 841.313.000 222.49%
2018 -267.577.000 414.42%
2019 430.097.000 162.21%
2020 2.593.519.000 83.42%
2021 2.342.922.000 -10.7%
2022 3.363.701.000 30.35%
2023 451.613.000 -644.82%
2023 283.573.000 -59.26%
2024 -279.564.000 201.43%

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.

Asia Polymer Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 105.431.000
2007 980.582.000 89.25%
2008 482.334.000 -103.3%
2009 1.033.915.000 53.35%
2010 1.379.423.000 25.05%
2011 1.313.897.000 -4.99%
2012 217.711.000 -503.51%
2013 416.142.000 47.68%
2014 1.549.577.000 73.14%
2015 781.511.000 -98.28%
2016 -697.420.000 212.06%
2017 963.684.000 172.37%
2018 -108.441.000 988.67%
2019 498.621.000 121.75%
2020 2.878.346.000 82.68%
2021 2.746.534.000 -4.8%
2022 3.622.699.000 24.19%
2023 822.566.000 -340.41%
2023 381.304.000 -115.72%
2024 -197.273.000 293.29%

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.

Asia Polymer Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 42.107.000
2007 60.391.000 30.28%
2008 70.615.000 14.48%
2009 112.273.000 37.1%
2010 81.902.000 -37.08%
2011 133.000.000 38.42%
2012 129.327.000 -2.84%
2013 244.918.000 47.2%
2014 1.151.759.000 78.74%
2015 1.803.575.000 36.14%
2016 333.069.000 -441.5%
2017 122.371.000 -172.18%
2018 159.136.000 23.1%
2019 68.524.000 -132.23%
2020 284.827.000 75.94%
2021 403.612.000 29.43%
2022 258.998.000 -55.84%
2023 370.953.000 30.18%
2023 97.731.000 -279.57%
2024 82.291.000 -18.76%

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.

Asia Polymer Corporation Equity
Year Equity Growth
2006 4.950.693.000
2007 6.239.684.000 20.66%
2008 5.060.755.000 -23.3%
2009 6.534.204.000 22.55%
2010 8.144.798.000 19.77%
2011 8.910.262.000 8.59%
2012 9.448.618.000 5.7%
2013 9.179.564.000 -2.93%
2014 9.054.021.000 -1.39%
2015 8.695.706.000 -4.12%
2016 9.497.205.000 8.44%
2017 9.816.470.000 3.25%
2018 9.604.436.000 -2.21%
2019 10.229.820.000 6.11%
2020 12.109.545.000 15.52%
2021 15.462.049.000 21.68%
2022 14.216.958.000 -8.76%
2023 13.669.961.000 -4%
2023 13.339.084.000 -2.48%
2024 12.636.375.000 -5.56%

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.

Asia Polymer Corporation Assets
Year Assets Growth
2006 5.648.273.000
2007 7.372.000.000 23.38%
2008 5.791.223.000 -27.3%
2009 7.451.739.000 22.28%
2010 9.198.156.000 18.99%
2011 10.018.165.000 8.19%
2012 10.389.650.000 3.58%
2013 10.138.680.000 -2.48%
2014 10.086.290.000 -0.52%
2015 10.092.209.000 0.06%
2016 14.670.029.000 31.21%
2017 14.876.001.000 1.38%
2018 15.597.743.000 4.63%
2019 16.923.091.000 7.83%
2020 16.883.503.000 -0.23%
2021 18.978.546.000 11.04%
2022 16.390.069.000 -15.79%
2023 15.270.728.000 -7.33%
2023 15.011.689.000 -1.73%
2024 14.725.237.000 -1.95%

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.

Asia Polymer Corporation Liabilities
Year Liabilities Growth
2006 697.580.000
2007 1.132.316.000 38.39%
2008 730.468.000 -55.01%
2009 917.535.000 20.39%
2010 1.053.358.000 12.89%
2011 1.107.903.000 4.92%
2012 941.032.000 -17.73%
2013 959.116.000 1.89%
2014 1.032.269.000 7.09%
2015 1.396.503.000 26.08%
2016 5.172.824.000 73%
2017 5.059.531.000 -2.24%
2018 5.993.307.000 15.58%
2019 6.693.271.000 10.46%
2020 4.773.958.000 -40.2%
2021 3.516.497.000 -35.76%
2022 2.173.111.000 -61.82%
2023 1.600.767.000 -35.75%
2023 1.672.605.000 4.29%
2024 2.088.862.000 19.93%

Asia Polymer Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11.02
Net Income per Share
-0.42
Price to Earning Ratio
-42.02x
Price To Sales Ratio
1.58x
POCF Ratio
13.71
PFCF Ratio
28.55
Price to Book Ratio
0.82
EV to Sales
1.59
EV Over EBITDA
32.39
EV to Operating CashFlow
13.76
EV to FreeCashFlow
28.64
Earnings Yield
-0.02
FreeCashFlow Yield
0.04
Market Cap
10,36 Bil.
Enterprise Value
10,40 Bil.
Graham Number
14.1
Graham NetNet
1.28

Income Statement Metrics

Net Income per Share
-0.42
Income Quality
-2.91
ROE
-0.02
Return On Assets
-0.02
Return On Capital Employed
0.03
Net Income per EBT
-3.24
EBT Per Ebit
0.21
Ebit per Revenue
0.06
Effective Tax Rate
-1.13

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.08
Operating Profit Margin
0.06
Pretax Profit Margin
0.01
Net Profit Margin
-0.04

Dividends

Dividend Yield
0.03
Dividend Yield %
2.58
Payout Ratio
-2.93
Dividend Per Share
0.45

Operating Metrics

Operating Cashflow per Share
1.27
Free CashFlow per Share
0.61
Capex to Operating CashFlow
0.52
Capex to Revenue
0.06
Capex to Depreciation
1.2
Return on Invested Capital
0.06
Return on Tangible Assets
-0.02
Days Sales Outstanding
31.07
Days Payables Outstanding
23.47
Days of Inventory on Hand
38.54
Receivables Turnover
11.75
Payables Turnover
15.55
Inventory Turnover
9.47
Capex per Share
0.66

Balance Sheet

Cash per Share
3,56
Book Value per Share
21,28
Tangible Book Value per Share
21.28
Shareholders Equity per Share
21.28
Interest Debt per Share
1.58
Debt to Equity
0.07
Debt to Assets
0.06
Net Debt to EBITDA
0.11
Current Ratio
2.29
Tangible Asset Value
12,64 Bil.
Net Current Asset Value
1,38 Bil.
Invested Capital
5469698999
Working Capital
1,95 Bil.
Intangibles to Total Assets
-0
Average Receivables
0,47 Bil.
Average Payables
0,30 Bil.
Average Inventory
569295000
Debt to Market Cap
0.09

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.

Asia Polymer Corporation Dividends
Year Dividends Growth
2000 1
2001 1 0%
2003 1 0%
2004 0 0%
2005 1 0%
2006 1 0%
2007 1 100%
2008 2 50%
2009 1 -100%
2010 1 0%
2011 1 100%
2012 1 0%
2013 1 100%
2014 1 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 100%
2022 3 66.67%
2023 1 -200%
2024 0 0%

Asia Polymer Corporation Profile

About Asia Polymer Corporation

Asia Polymer Corporation designs, develops, manufactures, and sells low-density polyethylene (LDPE) and ethylene vinyl acetate copolymer (EVA) in Taiwan, Asia, and internationally. It offers LDPE resins, including film-grade, injection molding grade, and laminating film-grade products, as well as products for other uses, such as low crystallization point, microfiber, and foaming for various applications in medium duty films, frozen food packaging, extruded tubes, high clarity films, general purpose films, thin gauge films, liner bags, heavy duty films, agriculture and construction films, foam nets, injection moldings, powder coatings, protection films, laminations, extrusion coatings, and wire insulations. The company also provides EVA resins comprising film-grade, foaming-grade, laminating film grade, electric cable-grade, and photovoltaic grade products for use in extrusion castings and coatings, foaming products, sport goods, shoe soles, injection foaming and molded products, wires and cables, PV films, and hot melt adhesives. In addition, it manufactures and sells degradable plastic materials; sells high-density polyethylene and linear low-density polyethylene; wholesales machinery; trades in plastic raw materials; produces and sells petrochemical products; sells chemical products and equipment; and manufactures, processes, and sells medium-density polyethylene. The company was incorporated in 1977 and is headquartered in Kaohsiung, Taiwan. Asia Polymer Corporation Operates as a subsidiary of Usi Corporation.

CEO
Mr. Pei-Ji Wu
Employee
226
Address
No. 3, Industrial 1st Road
Kaohsiung,

Asia Polymer Corporation Executives & BODs

Asia Polymer Corporation Executives & BODs
# Name Age
1 Mr. Pei-Ji Wu
President, GM & Representative Director
70
2 Mr. Yung-Chih Chen
Company Secretary & Group Legal Division Director
70
3 Ms. Ju-Hsuan Shih
Finance Manager
70
4 Mr. Ming-Tsung Wu
Vice President of Sales
70

Asia Polymer Corporation Competitors