Ocean Plastics Co., Ltd. Logo

Ocean Plastics Co., Ltd.

1321.TW

(1.2)
Stock Price

33,55 TWD

1.93% ROA

3.8% ROE

34.58x PER

Market Cap.

7.988.797.000,00 TWD

64.52% DER

1.1% Yield

4.75% NPM

Ocean Plastics Co., Ltd. Stock Analysis

Ocean Plastics Co., Ltd. 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.

Ocean Plastics Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE falls within an average range (2.02%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

2 ROA

The stock's ROA (1.81%) 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.

3 PBV

The stock's PBV ratio (1.33x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 DER

The stock maintains a fair debt to equity ratio (78%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.837), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

8 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.

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

10 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.

11 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

Ocean Plastics Co., Ltd. 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.

Ocean Plastics Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Ocean Plastics Co., Ltd. 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.

Ocean Plastics Co., Ltd. Revenue
Year Revenue Growth
2006 5.574.505.000
2007 5.848.282.000 4.68%
2008 5.628.850.000 -3.9%
2009 5.501.381.000 -2.32%
2010 6.122.502.000 10.14%
2011 5.718.857.000 -7.06%
2012 5.479.539.000 -4.37%
2013 5.889.757.000 6.96%
2014 5.365.933.000 -9.76%
2015 4.596.042.000 -16.75%
2016 4.362.800.000 -5.35%
2017 4.467.046.000 2.33%
2018 4.777.348.000 6.5%
2019 4.656.690.000 -2.59%
2020 4.980.018.000 6.49%
2021 6.490.333.000 23.27%
2022 6.506.136.000 0.24%
2023 4.436.928.000 -46.64%
2023 4.914.556.000 9.72%
2024 5.333.076.000 7.85%

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.

Ocean Plastics Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 9.206.000 100%
2014 9.936.000 7.35%
2015 9.940.000 0.04%
2016 8.867.000 -12.1%
2017 7.332.000 -20.94%
2018 5.345.000 -37.17%
2019 7.704.000 30.62%
2020 8.654.000 10.98%
2021 11.496.000 24.72%
2022 15.451.000 25.6%
2023 14.972.000 -3.2%
2023 15.276.000 1.99%
2024 16.515.996 7.51%

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.

Ocean Plastics Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 161.158.000
2007 173.904.000 7.33%
2008 128.754.000 -35.07%
2009 149.327.000 13.78%
2010 157.962.000 5.47%
2011 156.215.000 -1.12%
2012 170.360.000 8.3%
2013 137.089.000 -24.27%
2014 143.859.000 4.71%
2015 146.211.000 1.61%
2016 151.644.000 3.58%
2017 143.621.000 -5.59%
2018 138.104.000 -3.99%
2019 119.396.000 -15.67%
2020 130.466.000 8.48%
2021 133.676.000 2.4%
2022 148.889.000 10.22%
2023 138.316.000 -7.64%
2023 156.195.000 11.45%
2024 142.924.000 -9.29%

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.

Ocean Plastics Co., Ltd. EBITDA
Year EBITDA Growth
2006 383.194.000
2007 266.883.000 -43.58%
2008 98.462.000 -171.05%
2009 235.001.000 58.1%
2010 105.315.000 -123.14%
2011 -137.844.000 176.4%
2012 41.730.000 430.32%
2013 226.705.000 81.59%
2014 22.310.000 -916.16%
2015 201.239.000 88.91%
2016 329.620.000 38.95%
2017 248.455.000 -32.67%
2018 181.409.000 -36.96%
2019 376.364.000 51.8%
2020 632.868.000 40.53%
2021 574.610.000 -10.14%
2022 225.235.000 -155.12%
2023 493.648.000 54.37%
2023 258.594.000 -90.9%
2024 224.688.000 -15.09%

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.

Ocean Plastics Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 526.140.000
2007 494.504.000 -6.4%
2008 365.367.000 -35.34%
2009 495.671.000 26.29%
2010 318.865.000 -55.45%
2011 50.250.000 -534.56%
2012 222.407.000 77.41%
2013 372.231.000 40.25%
2014 206.671.000 -80.11%
2015 338.196.000 38.89%
2016 374.559.000 9.71%
2017 251.921.000 -48.68%
2018 186.750.000 -34.9%
2019 209.701.000 10.94%
2020 600.125.000 65.06%
2021 484.617.000 -23.83%
2022 370.138.000 -30.93%
2023 297.260.000 -24.52%
2023 395.314.000 24.8%
2024 402.428.000 1.77%

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.

Ocean Plastics Co., Ltd. Net Profit
Year Net Profit Growth
2006 -24.836.000
2007 -228.940.000 89.15%
2008 -263.918.000 13.25%
2009 79.413.000 432.34%
2010 -134.998.000 158.83%
2011 -167.767.000 19.53%
2012 -127.350.000 -31.74%
2013 13.209.000 1064.12%
2014 -145.025.000 109.11%
2015 37.129.000 490.6%
2016 -14.626.000 353.86%
2017 -81.431.000 82.04%
2018 -71.794.000 -13.42%
2019 117.087.000 161.32%
2020 715.152.000 83.63%
2021 319.368.000 -123.93%
2022 -42.657.000 848.69%
2023 194.756.000 121.9%
2023 193.134.000 -0.84%
2024 285.128.000 32.26%

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.

Ocean Plastics Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 -1 100%
2008 -1 0%
2009 0 0%
2010 -1 0%
2011 -1 0%
2012 -1 0%
2013 0 0%
2014 -1 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 1 0%
2020 2 100%
2021 1 0%
2022 0 0%
2023 1 0%
2023 1 0%
2024 1 100%

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.

Ocean Plastics Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 233.429.000
2007 -129.993.000 279.57%
2008 -566.023.000 77.03%
2009 295.806.000 291.35%
2010 -333.588.000 188.67%
2011 -303.139.000 -10.04%
2012 -169.735.000 -78.6%
2013 2.014.000 8527.76%
2014 -894.038.000 100.23%
2015 -922.279.000 3.06%
2016 -451.593.000 -104.23%
2017 -93.070.000 -385.22%
2018 116.969.000 179.57%
2019 261.848.000 55.33%
2020 320.924.000 18.41%
2021 274.338.000 -16.98%
2022 -48.780.000 662.4%
2023 99.339.000 149.1%
2023 -98.749.000 200.6%
2024 169.880.000 158.13%

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.

Ocean Plastics Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 476.518.000
2007 185.381.000 -157.05%
2008 -43.073.000 530.39%
2009 497.016.000 108.67%
2010 -215.735.000 330.38%
2011 -53.521.000 -303.08%
2012 -2.060.000 -2498.11%
2013 219.773.000 100.94%
2014 17.690.000 -1142.36%
2015 82.458.000 78.55%
2016 -111.337.000 174.06%
2017 34.411.000 423.55%
2018 217.307.000 84.16%
2019 364.954.000 40.46%
2020 435.515.000 16.2%
2021 370.861.000 -17.43%
2022 56.338.000 -558.28%
2023 128.804.000 56.26%
2023 12.660.000 -917.41%
2024 192.863.000 93.44%

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.

Ocean Plastics Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 243.089.000
2007 315.374.000 22.92%
2008 522.950.000 39.69%
2009 201.210.000 -159.9%
2010 117.853.000 -70.73%
2011 249.618.000 52.79%
2012 167.675.000 -48.87%
2013 217.759.000 23%
2014 911.728.000 76.12%
2015 1.004.737.000 9.26%
2016 340.256.000 -195.29%
2017 127.481.000 -166.91%
2018 100.338.000 -27.05%
2019 103.106.000 2.68%
2020 114.591.000 10.02%
2021 96.523.000 -18.72%
2022 105.118.000 8.18%
2023 29.465.000 -256.76%
2023 111.409.000 73.55%
2024 22.983.000 -384.75%

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.

Ocean Plastics Co., Ltd. Equity
Year Equity Growth
2006 3.148.493.000
2007 2.891.969.000 -8.87%
2008 2.578.892.000 -12.14%
2009 2.676.412.000 3.64%
2010 2.590.237.000 -3.33%
2011 5.268.430.000 50.83%
2012 5.107.206.000 -3.16%
2013 5.090.300.000 -0.33%
2014 4.956.559.000 -2.7%
2015 4.962.266.000 0.12%
2016 4.865.943.000 -1.98%
2017 4.780.490.000 -1.79%
2018 5.347.099.000 10.6%
2019 5.327.466.000 -0.37%
2020 6.604.117.000 19.33%
2021 6.626.597.000 0.34%
2022 5.913.860.000 -12.05%
2023 5.762.509.000 -2.63%
2023 6.194.066.000 6.97%
2024 6.203.558.000 0.15%

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.

Ocean Plastics Co., Ltd. Assets
Year Assets Growth
2006 4.516.069.000
2007 4.557.672.000 0.91%
2008 4.347.093.000 -4.84%
2009 4.553.443.000 4.53%
2010 4.579.345.000 0.57%
2011 8.811.005.000 48.03%
2012 8.755.609.000 -0.63%
2013 9.035.025.000 3.09%
2014 9.736.842.000 7.21%
2015 10.535.911.000 7.58%
2016 10.918.710.000 3.51%
2017 10.878.968.000 -0.37%
2018 11.646.935.000 6.59%
2019 11.575.506.000 -0.62%
2020 12.175.162.000 4.93%
2021 12.980.183.000 6.2%
2022 11.769.962.000 -10.28%
2023 12.251.323.000 3.93%
2023 11.931.695.000 -2.68%
2024 11.991.193.000 0.5%

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.

Ocean Plastics Co., Ltd. Liabilities
Year Liabilities Growth
2006 1.367.576.000
2007 1.665.703.000 17.9%
2008 1.768.201.000 5.8%
2009 1.877.031.000 5.8%
2010 1.989.108.000 5.63%
2011 3.542.575.000 43.85%
2012 3.648.403.000 2.9%
2013 3.944.725.000 7.51%
2014 4.780.283.000 17.48%
2015 5.573.645.000 14.23%
2016 6.052.767.000 7.92%
2017 6.098.478.000 0.75%
2018 6.299.836.000 3.2%
2019 6.248.040.000 -0.83%
2020 5.571.045.000 -12.15%
2021 6.353.586.000 12.32%
2022 5.856.102.000 -8.5%
2023 6.488.814.000 9.75%
2023 5.737.629.000 -13.09%
2024 5.787.635.000 0.86%

Ocean Plastics Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
22.03
Net Income per Share
1.05
Price to Earning Ratio
34.58x
Price To Sales Ratio
1.64x
POCF Ratio
19.29
PFCF Ratio
26.77
Price to Book Ratio
1.29
EV to Sales
2.33
EV Over EBITDA
33.21
EV to Operating CashFlow
27.37
EV to FreeCashFlow
37.98
Earnings Yield
0.03
FreeCashFlow Yield
0.04
Market Cap
7,99 Bil.
Enterprise Value
11,34 Bil.
Graham Number
25.73
Graham NetNet
-17.66

Income Statement Metrics

Net Income per Share
1.05
Income Quality
1.81
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.01
Net Income per EBT
0.99
EBT Per Ebit
2.05
Ebit per Revenue
0.02
Effective Tax Rate
0.34

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.09
Operating Profit Margin
0.02
Pretax Profit Margin
0.05
Net Profit Margin
0.05

Dividends

Dividend Yield
0.01
Dividend Yield %
1.1
Payout Ratio
0
Dividend Per Share
0.4

Operating Metrics

Operating Cashflow per Share
1.88
Free CashFlow per Share
1.35
Capex to Operating CashFlow
0.28
Capex to Revenue
0.02
Capex to Depreciation
0.51
Return on Invested Capital
0.01
Return on Tangible Assets
0.02
Days Sales Outstanding
46.6
Days Payables Outstanding
40.62
Days of Inventory on Hand
39.77
Receivables Turnover
7.83
Payables Turnover
8.99
Inventory Turnover
9.18
Capex per Share
0.52

Balance Sheet

Cash per Share
5,36
Book Value per Share
28,11
Tangible Book Value per Share
28.11
Shareholders Equity per Share
28.11
Interest Debt per Share
18.31
Debt to Equity
0.65
Debt to Assets
0.33
Net Debt to EBITDA
9.81
Current Ratio
2.13
Tangible Asset Value
6,20 Bil.
Net Current Asset Value
-3,45 Bil.
Invested Capital
4656365000
Working Capital
1,24 Bil.
Intangibles to Total Assets
0
Average Receivables
0,61 Bil.
Average Payables
0,47 Bil.
Average Inventory
491897000
Debt to Market Cap
0.5

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.

Ocean Plastics Co., Ltd. Dividends
Year Dividends Growth
2004 1
2005 0 0%
2006 1 0%
2007 0 0%
2021 1 100%
2022 1 0%
2024 0 0%

Ocean Plastics Co., Ltd. Profile

About Ocean Plastics Co., Ltd.

Ocean Plastics Co., Ltd. manufactures and sells PVC rigid pipes and sheets in Taiwan, India, the United States, China, and internationally. The company offers eco-friendly DMF-free PU products, including water-based polyurethane resin (WBPU), non-solvent type prepolymer polyurethane resin, WBPU synthetic leather, and solvent-free prepolymerized PU leather for use in footwear, balls/sporting goods, furniture/home decorations, consumer electronic products, bag materials, garment/textiles, and special applications. It also provides wood plastic composites; and PVC sheets comprising clear PVC sheeting, flexible PVC sheeting, PVC semi-rigid films, and PVC rigid sheeting for stationery, furniture, decoration, and packaging applications, as well as for special grade purposes. In addition, the company offers PVC construction materials, which include PVC pipe, water feed, drainage, and sewage materials; and CELLwood products. Further, it provides PVC raw materials, including PVC compounds for use in bottle moldings, IC tube extrusion, shrinkage film compounds, modified clear PS compounds, PVC foam compounds, conductive PVC compounds, black masterbatches, and medical grade compounds; and PVC resins for use in general rigid sheets and pipes, insulating materials, vinyl tapes, PVC sheets and leather, blowing bottles, and IC tubes. Ocean Plastics Co., Ltd. was incorporated in 1965 and is headquartered in Taipei City, Taiwan.

CEO
Mr. Kin-Men Tan
Employee
802
Address
No.310, Juguang Road
Taipei, 108

Ocean Plastics Co., Ltd. Executives & BODs

Ocean Plastics Co., Ltd. Executives & BODs
# Name Age
1 Mr. Kin-Men Tan
Chairman & President
70
2 Mr. Yi-Ho Wang
Manager of Finance and IR & Corporate Governance Officer
70
3 Yu-Hui Chang
Manager
70
4 Min-Lang Tu
Vice Plant Manager
70
5 Mr. Shao-Pin Shen
Assistant Manager
70
6 Yi-Hsiung Chen
Senior Manager
70

Ocean Plastics Co., Ltd. Competitors