Ta Chen Stainless Pipe Co., Ltd. Logo

Ta Chen Stainless Pipe Co., Ltd.

2027.TW

(2.2)
Stock Price

32,55 TWD

2.82% ROA

5.69% ROE

21.25x PER

Market Cap.

73.321.653.600,00 TWD

60.85% DER

3.51% Yield

3.99% NPM

Ta Chen Stainless Pipe Co., Ltd. Stock Analysis

Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

2 ROE

ROE in an average range (10.89%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (4.92%) 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.

4 PBV

The stock's PBV ratio (1.31x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 DER

The stock maintains a fair debt to equity ratio (92%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

8 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

9 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.

10 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.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-10.622) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co., Ltd. Revenue
Year Revenue Growth
2006 20.794.097.000
2007 31.017.383.000 32.96%
2008 33.226.178.000 6.65%
2009 20.979.749.000 -58.37%
2010 32.956.712.000 36.34%
2011 40.988.678.000 19.6%
2012 40.037.804.000 -2.37%
2013 38.609.467.000 -3.7%
2014 50.811.759.000 24.01%
2015 50.679.180.000 -0.26%
2016 47.748.615.000 -6.14%
2017 64.424.637.000 25.88%
2018 83.710.511.000 23.04%
2019 77.874.374.000 -7.49%
2020 59.234.909.000 -31.47%
2021 96.886.248.000 38.86%
2022 114.148.570.000 15.12%
2023 96.840.556.000 -17.87%
2023 101.256.601.000 4.36%
2024 96.541.360.000 -4.88%

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.

Ta Chen Stainless Pipe 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 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 38.989.000 100%
2019 204.328.000 80.92%
2020 195.320.000 -4.61%
2021 185.138.000 -5.5%
2022 197.007.000 6.02%
2023 0 0%
2023 205.934.000 100%
2024 0 0%

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.

Ta Chen Stainless Pipe Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 900.529.000
2007 1.083.987.000 16.92%
2008 1.897.870.000 42.88%
2009 2.118.652.000 10.42%
2010 2.193.732.000 3.42%
2011 2.098.834.000 -4.52%
2012 2.296.221.000 8.6%
2013 2.500.103.000 8.15%
2014 3.580.546.000 30.18%
2015 3.621.775.000 1.14%
2016 3.975.863.000 8.91%
2017 4.540.978.000 12.44%
2018 5.838.584.000 22.22%
2019 6.197.907.000 5.8%
2020 5.402.872.000 -14.72%
2021 7.308.257.000 26.07%
2022 8.920.812.000 18.08%
2023 7.716.136.000 -15.61%
2023 7.491.270.000 -3%
2024 7.594.616.000 1.36%

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.

Ta Chen Stainless Pipe Co., Ltd. EBITDA
Year EBITDA Growth
2006 3.902.903.000
2007 3.966.857.000 1.61%
2008 -3.235.690.000 222.6%
2009 1.645.177.000 296.68%
2010 2.378.663.000 30.84%
2011 2.034.404.000 -16.92%
2012 1.755.304.000 -15.9%
2013 1.603.952.000 -9.44%
2014 3.983.937.000 59.74%
2015 1.457.547.000 -173.33%
2016 2.272.238.000 35.85%
2017 4.194.122.000 45.82%
2018 11.198.444.000 62.55%
2019 7.230.554.000 -54.88%
2020 3.913.275.000 -84.77%
2021 18.928.596.000 79.33%
2022 22.757.218.000 16.82%
2023 13.072.892.000 -74.08%
2023 11.659.030.000 -12.13%
2024 11.363.132.000 -2.6%

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.

Ta Chen Stainless Pipe Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 5.185.458.000
2007 5.614.261.000 7.64%
2008 4.284.880.000 -31.02%
2009 3.919.897.000 -9.31%
2010 5.481.404.000 28.49%
2011 4.631.261.000 -18.36%
2012 4.993.956.000 7.26%
2013 4.621.199.000 -8.07%
2014 8.898.398.000 48.07%
2015 5.387.432.000 -65.17%
2016 7.285.425.000 26.05%
2017 11.399.333.000 36.09%
2018 18.210.964.000 37.4%
2019 14.284.805.000 -27.48%
2020 8.934.740.000 -59.88%
2021 29.070.697.000 69.27%
2022 31.037.577.000 6.34%
2023 17.907.276.000 -73.32%
2023 17.432.463.000 -2.72%
2024 17.031.368.000 -2.36%

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.

Ta Chen Stainless Pipe Co., Ltd. Net Profit
Year Net Profit Growth
2006 2.286.178.000
2007 2.100.777.000 -8.83%
2008 -3.252.827.000 164.58%
2009 303.013.000 1173.49%
2010 708.377.000 57.22%
2011 463.272.000 -52.91%
2012 390.946.000 -18.5%
2013 222.305.000 -75.86%
2014 1.885.199.000 88.21%
2015 -288.067.000 754.43%
2016 485.749.000 159.3%
2017 1.088.135.000 55.36%
2018 6.039.401.000 81.98%
2019 1.820.776.000 -231.69%
2020 -101.458.000 1894.61%
2021 9.672.917.000 101.05%
2022 12.025.615.000 19.56%
2023 5.056.436.000 -137.83%
2023 5.330.802.000 5.15%
2024 3.667.460.000 -45.35%

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.

Ta Chen Stainless Pipe Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 3
2007 3 -50%
2008 -3 166.67%
2009 0 0%
2010 1 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 2 100%
2015 0 0%
2016 0 0%
2017 1 0%
2018 4 100%
2019 1 -300%
2020 0 0%
2021 5 100%
2022 5 20%
2023 2 -150%
2023 2 0%
2024 2 -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.

Ta Chen Stainless Pipe Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -2.396.119.000
2007 -4.086.754.000 41.37%
2008 -5.509.324.000 25.82%
2009 164.841.000 3442.2%
2010 -3.456.101.000 104.77%
2011 -1.535.767.000 -125.04%
2012 -989.046.000 -55.28%
2013 -1.078.354.000 8.28%
2014 -1.599.814.000 32.6%
2015 -277.565.000 -476.37%
2016 3.307.781.000 108.39%
2017 -3.976.029.000 183.19%
2018 -17.846.908.000 77.72%
2019 -1.141.173.000 -1463.91%
2020 2.567.187.000 144.45%
2021 10.764.638.000 76.15%
2022 -4.511.914.000 338.58%
2023 16.839.749.000 126.79%
2023 6.246.937.000 -169.57%
2024 2.411.775.999 -159.02%

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.

Ta Chen Stainless Pipe Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 -1.834.938.000
2007 -3.377.437.000 45.67%
2008 -4.011.272.000 15.8%
2009 1.107.823.000 462.09%
2010 -3.024.932.000 136.62%
2011 -1.015.066.000 -198%
2012 -307.293.000 -230.33%
2013 -57.291.000 -436.37%
2014 -751.691.000 92.38%
2015 1.703.702.000 144.12%
2016 3.796.573.000 55.13%
2017 -2.745.143.000 238.3%
2018 -5.084.957.000 46.01%
2019 1.675.842.000 403.43%
2020 4.071.623.000 58.84%
2021 12.708.733.000 67.96%
2022 4.093.811.000 -210.44%
2023 24.517.200.000 83.3%
2023 8.109.263.000 -202.34%
2024 4.179.832.999 -94.01%

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.

Ta Chen Stainless Pipe Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 561.181.000
2007 709.317.000 20.88%
2008 1.498.052.000 52.65%
2009 942.982.000 -58.86%
2010 431.169.000 -118.7%
2011 520.701.000 17.19%
2012 681.753.000 23.62%
2013 1.021.063.000 33.23%
2014 848.123.000 -20.39%
2015 1.981.267.000 57.19%
2016 488.792.000 -305.34%
2017 1.230.886.000 60.29%
2018 12.761.951.000 90.36%
2019 2.817.015.000 -353.03%
2020 1.504.436.000 -87.25%
2021 1.944.095.000 22.62%
2022 8.605.725.000 77.41%
2023 7.677.451.000 -12.09%
2023 1.862.326.000 -312.25%
2024 1.768.057.000 -5.33%

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.

Ta Chen Stainless Pipe Co., Ltd. Equity
Year Equity Growth
2006 7.485.568.000
2007 14.303.107.000 47.66%
2008 9.876.812.000 -44.82%
2009 11.925.615.000 17.18%
2010 12.469.885.000 4.36%
2011 13.299.708.000 6.24%
2012 12.170.842.000 -9.28%
2013 14.107.019.000 13.72%
2014 16.510.386.000 14.56%
2015 15.430.973.000 -7%
2016 15.225.893.000 -1.35%
2017 16.848.627.000 9.63%
2018 44.143.584.000 61.83%
2019 36.777.390.000 -20.03%
2020 36.956.956.000 0.49%
2021 54.426.116.000 32.1%
2022 73.897.195.000 26.35%
2023 77.841.737.000 5.07%
2023 74.479.309.000 -4.51%
2024 76.951.896.000 3.21%

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.

Ta Chen Stainless Pipe Co., Ltd. Assets
Year Assets Growth
2006 18.943.710.000
2007 28.507.016.000 33.55%
2008 28.696.726.000 0.66%
2009 28.233.258.000 -1.64%
2010 30.647.509.000 7.88%
2011 35.557.160.000 13.81%
2012 34.702.516.000 -2.46%
2013 38.264.053.000 9.31%
2014 45.579.931.000 16.05%
2015 47.071.805.000 3.17%
2016 45.644.644.000 -3.13%
2017 56.902.543.000 19.78%
2018 97.030.220.000 41.36%
2019 104.585.824.000 7.22%
2020 98.131.485.000 -6.58%
2021 109.071.165.000 10.03%
2022 146.446.086.000 25.52%
2023 146.533.468.000 0.06%
2023 135.115.312.000 -8.45%
2024 137.864.502.000 1.99%

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.

Ta Chen Stainless Pipe Co., Ltd. Liabilities
Year Liabilities Growth
2006 11.458.142.000
2007 14.203.909.000 19.33%
2008 18.819.914.000 24.53%
2009 16.307.643.000 -15.41%
2010 18.177.624.000 10.29%
2011 22.257.452.000 18.33%
2012 22.531.674.000 1.22%
2013 24.157.034.000 6.73%
2014 29.069.545.000 16.9%
2015 31.640.832.000 8.13%
2016 30.418.751.000 -4.02%
2017 40.053.916.000 24.06%
2018 52.886.636.000 24.26%
2019 67.808.434.000 22.01%
2020 61.174.529.000 -10.84%
2021 54.645.049.000 -11.95%
2022 72.548.891.000 24.68%
2023 68.691.731.000 -5.62%
2023 60.636.003.000 -13.29%
2024 60.912.606.000 0.45%

Ta Chen Stainless Pipe Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
40.38
Net Income per Share
1.61
Price to Earning Ratio
21.25x
Price To Sales Ratio
0.79x
POCF Ratio
3.41
PFCF Ratio
4.32
Price to Book Ratio
1.21
EV to Sales
1.18
EV Over EBITDA
11.08
EV to Operating CashFlow
4.74
EV to FreeCashFlow
6.48
Earnings Yield
0.05
FreeCashFlow Yield
0.23
Market Cap
73,32 Bil.
Enterprise Value
109,85 Bil.
Graham Number
32
Graham NetNet
-4.33

Income Statement Metrics

Net Income per Share
1.61
Income Quality
4.89
ROE
0.06
Return On Assets
0.03
Return On Capital Employed
0.06
Net Income per EBT
0.52
EBT Per Ebit
1.02
Ebit per Revenue
0.07
Effective Tax Rate
0.27

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.16
Operating Profit Margin
0.07
Pretax Profit Margin
0.08
Net Profit Margin
0.04

Dividends

Dividend Yield
0.04
Dividend Yield %
3.51
Payout Ratio
1.15
Dividend Per Share
1.2

Operating Metrics

Operating Cashflow per Share
10.04
Free CashFlow per Share
7.34
Capex to Operating CashFlow
0.27
Capex to Revenue
0.07
Capex to Depreciation
2.12
Return on Invested Capital
0.05
Return on Tangible Assets
0.03
Days Sales Outstanding
43.54
Days Payables Outstanding
13.69
Days of Inventory on Hand
259.27
Receivables Turnover
8.38
Payables Turnover
26.67
Inventory Turnover
1.41
Capex per Share
2.7

Balance Sheet

Cash per Share
6,43
Book Value per Share
33,31
Tangible Book Value per Share
30.76
Shareholders Equity per Share
28.27
Interest Debt per Share
17.68
Debt to Equity
0.61
Debt to Assets
0.29
Net Debt to EBITDA
3.68
Current Ratio
2.89
Tangible Asset Value
71,05 Bil.
Net Current Asset Value
21,23 Bil.
Invested Capital
102558585000
Working Capital
53,69 Bil.
Intangibles to Total Assets
0.04
Average Receivables
10,85 Bil.
Average Payables
2,62 Bil.
Average Inventory
56441954000
Debt to Market Cap
0.54

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.

Ta Chen Stainless Pipe Co., Ltd. Dividends
Year Dividends Growth
2003 0
2004 0 0%
2005 3 100%
2006 1 -100%
2007 3 50%
2008 6 66.67%
2010 0 0%
2012 1 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 3 100%
2020 1 0%
2021 1 0%
2022 2 100%
2023 3 50%
2024 1 -100%

Ta Chen Stainless Pipe Co., Ltd. Profile

About Ta Chen Stainless Pipe Co., Ltd.

Ta Chen Stainless Pipe Co., Ltd. produces and sells stainless steel and aluminum products. It operates in Stainless Steel and Aluminum, and Screws and Nuts segments. It offers stainless steel pipes, rolls, pipe fittings, plates, bars, valves, boards, and castings; and imports, exports, and sells screws and screw-nut products, as well as curtains and cloth products. The company also distributes and sells industrial fasteners, and aluminum plates and tapes; and trades in aluminum boards and aluminum rolls, as well as manufactures and sells automobile casted billet products. It serves mechanics, industrial and construction material, chemical, medical, pharmaceutical, food and brewery industries, etc. The company offers its products in the United States, China, Taiwan, and internationally. Ta Chen Stainless Pipe Co., Ltd. was incorporated in 1986 and is headquartered in Tainan City, Taiwan.

CEO
Mr. Rung-Kun Shieh
Employee
1.044
Address
No. 125, Xintian 2nd Street
Tainan City, 71752

Ta Chen Stainless Pipe Co., Ltd. Executives & BODs

Ta Chen Stainless Pipe Co., Ltd. Executives & BODs
# Name Age
1 Mr. Chang Di-Jin
Deputy GM & Senior Vice Chief Executive Officer
70
2 Mr. Jian-Chong Weng
Manager of Finance & Accounting Department
70
3 Ya Shu Zhuang
Information Manager
70
4 Mr. Guo Rui-Cai
Assistant Manager of Sales Department
70
5 Keven Hong
Chief Information Security Officer
70
6 Mr. Rung-Kun Shieh
Chief Executive Officer & Director
70

Ta Chen Stainless Pipe Co., Ltd. Competitors