China Glaze Co.,Ltd. Logo

China Glaze Co.,Ltd.

1809.TW

(1.8)
Stock Price

20,50 TWD

-1.27% ROA

-0.99% ROE

-41.25x PER

Market Cap.

2.539.038.400,00 TWD

35.3% DER

1.64% Yield

-1.22% NPM

China Glaze Co.,Ltd. Stock Analysis

China Glaze 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.

China Glaze Co.,Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.73x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (34%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 ROE

The stock's ROE indicates a negative return (-1.21%) on shareholders' equity, suggesting poor financial performance.

6 ROA

The stock's ROA (-0.76%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 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.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 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.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-615) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

China Glaze 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.

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

China Glaze 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.

China Glaze Co.,Ltd. Revenue
Year Revenue Growth
2009 3.660.233.000
2010 3.780.399.000 3.18%
2011 3.933.149.000 3.88%
2012 3.841.073.000 -2.4%
2013 3.502.527.000 -9.67%
2014 3.578.567.000 2.12%
2015 2.828.746.000 -26.51%
2016 2.543.076.000 -11.23%
2017 2.418.849.000 -5.14%
2018 2.477.483.000 2.37%
2019 2.276.913.000 -8.81%
2020 1.860.523.000 -22.38%
2021 2.198.797.000 15.38%
2022 2.592.031.000 15.17%
2023 2.488.316.000 -4.17%

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.

China Glaze Co.,Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2009 54.877.000
2010 56.171.000 2.3%
2011 62.535.000 10.18%
2012 68.535.000 8.75%
2013 68.894.000 0.52%
2014 72.365.000 4.8%
2015 64.502.000 -12.19%
2016 62.337.000 -3.47%
2017 67.008.000 6.97%
2018 55.437.000 -20.87%
2019 53.504.000 -3.61%
2020 44.566.000 -20.06%
2021 44.317.000 -0.56%
2022 63.931.000 30.68%
2023 53.244.000 -20.07%

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.

China Glaze Co.,Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 260.852.000
2010 223.866.000 -16.52%
2011 244.842.000 8.57%
2012 228.562.000 -7.12%
2013 233.294.000 2.03%
2014 248.476.000 6.11%
2015 227.195.000 -9.37%
2016 253.334.000 10.32%
2017 300.890.000 15.81%
2018 221.599.000 -35.78%
2019 227.481.000 2.59%
2020 217.312.000 -4.68%
2021 217.731.000 0.19%
2022 199.954.000 -8.89%
2023 189.224.000 -5.67%

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.

China Glaze Co.,Ltd. EBITDA
Year EBITDA Growth
2009 665.804.000
2010 484.821.000 -37.33%
2011 575.031.000 15.69%
2012 377.455.000 -52.34%
2013 336.036.000 -12.33%
2014 370.954.000 9.41%
2015 202.407.000 -83.27%
2016 210.241.000 3.73%
2017 155.957.000 -34.81%
2018 99.718.000 -56.4%
2019 19.302.000 -416.62%
2020 4.408.000 -337.89%
2021 118.096.000 96.27%
2022 161.305.000 26.79%
2023 96.512.000 -67.13%

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.

China Glaze Co.,Ltd. Gross Profit
Year Gross Profit Growth
2009 800.220.000
2010 805.029.000 0.6%
2011 913.756.000 11.9%
2012 740.674.000 -23.37%
2013 738.353.000 -0.31%
2014 782.320.000 5.62%
2015 601.403.000 -30.08%
2016 602.746.000 0.22%
2017 501.259.000 -20.25%
2018 476.360.000 -5.23%
2019 389.075.000 -22.43%
2020 332.678.000 -16.95%
2021 442.728.000 24.86%
2022 528.890.000 16.29%
2023 370.360.000 -42.8%

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.

China Glaze Co.,Ltd. Net Profit
Year Net Profit Growth
2009 235.017.000
2010 200.235.000 -17.37%
2011 242.052.000 17.28%
2012 122.394.000 -97.76%
2013 142.588.000 14.16%
2014 164.504.000 13.32%
2015 73.389.000 -124.15%
2016 113.243.000 35.19%
2017 -15.446.000 833.15%
2018 56.000 27682.14%
2019 -78.873.000 100.07%
2020 -96.123.000 17.95%
2021 29.327.000 427.76%
2022 31.959.000 8.24%
2023 6.576.000 -385.99%

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.

China Glaze Co.,Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 2
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 0 0%
2016 1 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 -1 0%
2021 0 0%
2022 0 0%
2023 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.

China Glaze Co.,Ltd. Free Cashflow
Year Free Cashflow Growth
2009 542.763.000
2010 359.205.000 -51.1%
2011 -288.320.000 224.59%
2012 433.656.000 166.49%
2013 -303.265.000 243%
2014 127.230.000 338.36%
2015 141.783.000 10.26%
2016 213.697.000 33.65%
2017 -238.817.000 189.48%
2018 -20.077.000 -1089.51%
2019 -30.468.000 34.1%
2020 131.191.000 123.22%
2021 -195.735.000 167.02%
2022 -285.661.000 31.48%
2023 -302.000 -94489.74%

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.

China Glaze Co.,Ltd. Operating Cashflow
Year Operating Cashflow Growth
2009 621.340.000
2010 473.637.000 -31.18%
2011 -142.295.000 432.86%
2012 597.593.000 123.81%
2013 -243.308.000 345.61%
2014 214.593.000 213.38%
2015 240.900.000 10.92%
2016 306.318.000 21.36%
2017 -170.618.000 279.53%
2018 73.337.000 332.65%
2019 119.398.000 38.58%
2020 179.971.000 33.66%
2021 -55.009.000 427.17%
2022 -49.264.000 -11.66%
2023 45.905.000 207.32%

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.

China Glaze Co.,Ltd. Capital Expenditure
Year Capital Expenditure Growth
2009 78.577.000
2010 114.432.000 31.33%
2011 146.025.000 21.64%
2012 163.937.000 10.93%
2013 59.957.000 -173.42%
2014 87.363.000 31.37%
2015 99.117.000 11.86%
2016 92.621.000 -7.01%
2017 68.199.000 -35.81%
2018 93.414.000 26.99%
2019 149.866.000 37.67%
2020 48.780.000 -207.23%
2021 140.726.000 65.34%
2022 236.397.000 40.47%
2023 46.207.000 -411.6%

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.

China Glaze Co.,Ltd. Equity
Year Equity Growth
2009 2.631.936.000
2010 3.030.860.000 13.16%
2011 3.296.627.000 8.06%
2012 3.255.619.000 -1.26%
2013 3.409.041.000 4.5%
2014 3.600.425.000 5.32%
2015 3.577.472.000 -0.64%
2016 3.302.890.000 -8.31%
2017 3.164.983.000 -4.36%
2018 3.801.844.000 16.75%
2019 3.627.375.000 -4.81%
2020 3.469.158.000 -4.56%
2021 3.378.389.000 -2.69%
2022 3.419.555.000 1.2%
2023 3.388.002.000 -0.93%

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.

China Glaze Co.,Ltd. Assets
Year Assets Growth
2009 5.754.251.000
2010 5.829.938.000 1.3%
2011 6.024.314.000 3.23%
2012 5.834.489.000 -3.25%
2013 5.944.359.000 1.85%
2014 5.981.593.000 0.62%
2015 5.760.066.000 -3.85%
2016 5.143.618.000 -11.98%
2017 5.083.448.000 -1.18%
2018 4.816.463.000 -5.54%
2019 4.584.517.000 -5.06%
2020 4.295.774.000 -6.72%
2021 4.383.865.000 2.01%
2022 4.732.602.000 7.37%
2023 4.789.014.000 1.18%

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.

China Glaze Co.,Ltd. Liabilities
Year Liabilities Growth
2009 2.072.424.000
2010 1.803.451.000 -14.91%
2011 1.789.739.000 -0.77%
2012 1.695.372.000 -5.57%
2013 1.608.863.000 -5.38%
2014 1.429.971.000 -12.51%
2015 1.316.889.000 -8.59%
2016 1.105.346.000 -19.14%
2017 1.160.252.000 4.73%
2018 1.014.619.000 -14.35%
2019 957.142.000 -6.01%
2020 826.616.000 -15.79%
2021 1.005.476.000 17.79%
2022 1.313.047.000 23.42%
2023 1.401.012.000 6.28%

China Glaze Co.,Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
14.23
Net Income per Share
-0.37
Price to Earning Ratio
-41.25x
Price To Sales Ratio
1.09x
POCF Ratio
10.86
PFCF Ratio
62.79
Price to Book Ratio
0.86
EV to Sales
1.22
EV Over EBITDA
75.77
EV to Operating CashFlow
12.38
EV to FreeCashFlow
70.46
Earnings Yield
-0.02
FreeCashFlow Yield
0.02
Market Cap
2,54 Bil.
Enterprise Value
2,85 Bil.
Graham Number
12.13
Graham NetNet
1.79

Income Statement Metrics

Net Income per Share
-0.37
Income Quality
-2.61
ROE
-0.02
Return On Assets
-0.01
Return On Capital Employed
-0.01
Net Income per EBT
0.47
EBT Per Ebit
2
Ebit per Revenue
-0.01
Effective Tax Rate
0.09

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.15
Operating Profit Margin
-0.01
Pretax Profit Margin
-0.03
Net Profit Margin
-0.01

Dividends

Dividend Yield
0.02
Dividend Yield %
1.64
Payout Ratio
0
Dividend Per Share
0.25

Operating Metrics

Operating Cashflow per Share
1.4
Free CashFlow per Share
0.25
Capex to Operating CashFlow
-0.82
Capex to Revenue
-0.08
Capex to Depreciation
-2.34
Return on Invested Capital
-0.01
Return on Tangible Assets
-0.01
Days Sales Outstanding
108.02
Days Payables Outstanding
34.1
Days of Inventory on Hand
131.1
Receivables Turnover
3.38
Payables Turnover
10.7
Inventory Turnover
2.78
Capex per Share
-1.15

Balance Sheet

Cash per Share
5,02
Book Value per Share
17,76
Tangible Book Value per Share
20.51
Shareholders Equity per Share
17.76
Interest Debt per Share
6.4
Debt to Equity
0.35
Debt to Assets
0.22
Net Debt to EBITDA
8.25
Current Ratio
2.19
Tangible Asset Value
3,37 Bil.
Net Current Asset Value
0,91 Bil.
Invested Capital
0.35
Working Capital
1,25 Bil.
Intangibles to Total Assets
0
Average Receivables
0,66 Bil.
Average Payables
0,17 Bil.
Average Inventory
722870000
Debt to Market Cap
0.41

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.

China Glaze Co.,Ltd. Dividends
Year Dividends Growth
2006 0
2007 0 0%
2008 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

China Glaze Co.,Ltd. Profile

About China Glaze Co.,Ltd.

China Glaze Co., Ltd. manufactures and sells ceramic glaze materials. The company offers frits, pigments, ameloblasts, zirconium silicates, print glazes, vetrosa glazes, and digital inks. It also provides building construction materials, such as crystal glass; ceramic tiles; and photoelectric and nano materials. China Glaze Co., Ltd. was founded in 1973 and is headquartered in Hsinchu, Taiwan.

CEO
Mr. Tsai Xianchang
Employee
799
Address
No. 136, Chung Hsing Road
Hsinchu City, 31061

China Glaze Co.,Ltd. Executives & BODs

China Glaze Co.,Ltd. Executives & BODs
# Name Age
1 Liu-Kun Chiang
Chief Internal Auditor
70
2 Mr. Tsai Xianchang
President
70
3 Hui-Chun Chang
Financial Department Manager
70

China Glaze Co.,Ltd. Competitors