Shinkong Synthetic Fibers Corp

Chart & Performance

D1W1MN

P/E

31.67

P/S

0.62

EPS

0.47

Div Yield, %

6.69%

Shrs. gr., 5y

-0.02%

Rev. gr., 5y

-1.30%

Revenues

38.98b

-12.67%

Net income

764m

-72.93%

CFO

-5.35b

Dividend

Aug 27, 20240.55 TWD/sh

Earnings

Mar 13, 2025

Profile

Shinkong Synthetic Fibers Corporation produces and sells polyester fibers and polymers in Taiwan and internationally. Its products primarily include partially oriented yarns, polyester filament yarns, fully drawn yarns, polyester staple fibers, polyester draw textured yarns, industrial yarns, polyester pellets, PET bottle grade resins, PET bottles, PET bottle preforms, engineering polymers, optical films, polyester films, and A-PET sheets. It also offers synthetic resins, plastic products, and polyester films; chemical fiber weaving, printing, and dyeing services; and leasing, investment, human resources management and securities investment consulting, and life and property insurance agency services, as well as electronic information software. In addition, the company manufactures magnetic tapes for recording and video disks, and polyester films; manufactures synthetic fibers; engages in the wholesale and retail sale of textile products; and manufactures electronic parts and components, and precision chemical materials. Further, it is involved in the precision chemical materials and mold manufacturing wholesale, etc.; consignment trading of securities and futures; and sale and rental of housing and building development projects; and provision of consulting, biotechnology research, and development services. The company principally serves textiles, food, packaging, electronics, and optoelectronics industries. Shinkong Synthetic Fibers Corporation was incorporated in 1967 and is based in Taipei City, Taiwan.

URL

http://www.shinkong.com.tw/

IPO date

Aug 31, 1973

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	38,976,968 -12.67%	44,634,074 2.28%	43,638,720 35.82%
Cost of revenue	35,936,024	39,849,447	36,765,813
Unusual Expense (Income)
NOPBT	3,040,944	4,784,627	6,872,907
NOPBT Margin	7.80%	10.72%	15.75%
Operating Taxes	331,257	1,073,557	1,072,130
Tax Rate	10.89%	22.44%	15.60%
NOPAT	2,709,687	3,711,070	5,800,777
Net income	764,410 -72.93%	2,823,787 -27.38%	3,888,416 143.30%
Dividends	(1,618,409)	(2,265,773)	(1,780,250)
Dividend yield	6.45%	7.99%	5.45%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	36,950,212	25,108,919	25,951,457
Long-term debt	24,907,444	20,806,473	18,624,503
Deferred revenue	1		488,958
Other long-term liabilities	522,869	681,578	866,914
Net debt	(1,041,979)	6,739,046	2,704,407
Cash flow
Cash from operating activities	(5,351,369)	2,474,581	(2,558,379)
CAPEX	(3,532,509)	(2,269,359)	(2,879,811)
Cash from investing activities	(3,571,780)	2,399,047	(2,521,293)
Cash from financing activities	8,237,585	(4,376,824)	3,644,936
FCF	(15,423,034)	(2,489,597)	1,413,299
Balance
Cash	21,337,022	20,858,006	24,452,820
Long term investments	41,562,613	18,318,340	17,418,733
Excess cash	60,950,787	36,944,642	39,689,617
Stockholders' equity	35,472,605	44,320,620	44,564,148
Invested Capital	71,556,365	52,900,477	50,180,106
ROIC	4.35%	7.20%	12.73%
ROCE	2.80%	5.23%	7.52%
EV
Common stock shares outstanding	1,614,523	1,616,081	1,616,413
Price	15.55 -11.40%	17.55 -13.12%	20.20 41.75%
Market cap	25,105,833 -11.48%	28,362,222 -13.14%	32,651,543 41.75%
EV	34,557,850	45,696,998	45,585,283
EBITDA	5,042,829	6,552,750	8,543,116
EV/EBITDA	6.85	6.97	5.34
Interest	1,732,214	1,032,314	692,438
Interest/NOPBT	56.96%	21.58%	10.07%