XTAI1308
Market cap252mUSD
Dec 27, Last price
13.95TWD
1D
-1.06%
1Q
-27.91%
Jan 2017
-13.57%
Name
Asia Polymer Corp
Chart & Performance
Profile
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.
Valuation
Title TWD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 6,717,128 -31.56% | 9,815,332 2.61% | 9,565,813 67.72% | |||||||
Cost of revenue | 5,793,292 | 6,868,424 | 6,246,558 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 923,836 | 2,946,908 | 3,319,255 | |||||||
NOPBT Margin | 13.75% | 30.02% | 34.70% | |||||||
Operating Taxes | 34,848 | 370,402 | 637,079 | |||||||
Tax Rate | 3.77% | 12.57% | 19.19% | |||||||
NOPAT | 888,988 | 2,576,506 | 2,682,176 | |||||||
Net income | 116,284 -91.97% | 1,447,369 -53.33% | 3,101,127 181.00% | |||||||
Dividends | (703,605) | (1,782,659) | (698,597) | |||||||
Dividend yield | 5.06% | 10.63% | 3.20% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 72,302 | 126,524 | 505,765 | |||||||
Long-term debt | 509,288 | 492,578 | 1,418,571 | |||||||
Deferred revenue | 112,106 | 135,005 | ||||||||
Other long-term liabilities | 122,582 | 12,884 | 17,538 | |||||||
Net debt | (9,154,240) | (9,219,571) | (9,702,903) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 822,566 | 3,622,699 | 2,746,534 | |||||||
CAPEX | (370,293) | (258,998) | (403,612) | |||||||
Cash from investing activities | (422,371) | 174,373 | (5,161) | |||||||
Cash from financing activities | (735,070) | (3,092,920) | (2,579,254) | |||||||
FCF | 639,318 | 2,964,690 | 2,233,114 | |||||||
Balance | ||||||||||
Cash | 2,086,408 | 2,002,908 | 1,926,996 | |||||||
Long term investments | 7,649,422 | 7,835,765 | 9,700,243 | |||||||
Excess cash | 9,399,974 | 9,347,906 | 11,148,948 | |||||||
Stockholders' equity | 13,301,525 | 14,205,536 | 15,450,956 | |||||||
Invested Capital | 4,625,534 | 4,932,673 | 5,697,480 | |||||||
ROIC | 18.60% | 48.48% | 47.80% | |||||||
ROCE | 6.57% | 20.59% | 19.67% | |||||||
EV | ||||||||||
Common stock shares outstanding | 593,911 | 594,589 | 594,934 | |||||||
Price | 23.40 -17.02% | 28.20 -23.06% | 36.65 73.86% | |||||||
Market cap | 13,897,517 -17.12% | 16,767,410 -23.10% | 21,804,331 73.98% | |||||||
EV | 4,743,277 | 7,547,839 | 12,101,428 | |||||||
EBITDA | 1,243,298 | 3,252,115 | 3,631,699 | |||||||
EV/EBITDA | 3.82 | 2.32 | 3.33 | |||||||
Interest | 9,112 | 10,311 | 22,743 | |||||||
Interest/NOPBT | 0.99% | 0.35% | 0.69% |