Cheng Loong Corp

Chart & Performance

D1W1MN

P/E

33.88

P/S

0.45

EPS

0.55

Div Yield, %

2.76%

Shrs. gr., 5y

-1.90%

Rev. gr., 5y

2.27%

Revenues

45.18b

+7.14%

Net income

605m

-34.38%

CFO

3.09b

-25.19%

Dividend

Jun 24, 20240.5 TWD/sh

Earnings

Aug 06, 2025

Profile

Cheng Loong Corporation manufactures and sells paper products in Taiwan, Mainland China, and Southeast Asia. The company offers industrial paper products, including linerboards; and corrugated containers, such as corrugated sheet boards, display containers, and paper pallets, as well as pre-print services. It also provides household paper products, such as toilet papers, facial tissues, kitchen papers, and paper towels under the Andante brand name, as well as baby diapers and foaming hand soap; fine papers, coated duplex boards, and various specialty papers; and bond papers. In addition, the company offers green paper art products for children's educational toys, pet toys, and cultural and creative products, as well as builds residential and commercial premises for rent and sale. Further, it provides electronic components, optical instruments, glass products, and precision instruments; corrugated, display, and paper boxes; cartons, wrapping papers, separators, and lithographic and flexographic packaging products; kraft linerboards, foams, anti-static bubble bags, plastic buffer packaging materials, and packaging decoration printing products; and water treatment, sewage treatment, and maintenance and technical repairment services. Cheng Loong Corporation was founded in 1959 and is headquartered in New Taipei City, Taiwan.

URL

https://www.clc.com.tw/

IPO date

Sep 10, 1971

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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	45,177,687 7.14%	42,165,465 -4.00%	43,921,728 -2.37%
Cost of revenue	43,619,993	40,119,496	42,259,834
Unusual Expense (Income)
NOPBT	1,557,694	2,045,969	1,661,894
NOPBT Margin	3.45%	4.85%	3.78%
Operating Taxes	317,615	407,788	487,471
Tax Rate	20.39%	19.93%	29.33%
NOPAT	1,240,079	1,638,181	1,174,423
Net income	605,106 -34.38%	922,118 -63.41%	2,520,098 -36.42%
Dividends	(554,137)	(1,219,102)	(2,105,722)
Dividend yield	2.89%	3.69%	6.92%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	8,320,418	7,096,318	5,625,562
Long-term debt	23,461,358	22,573,701	23,193,296
Deferred revenue
Other long-term liabilities	613,990	685,817	672,323
Net debt	24,423,781	21,412,314	18,097,759
Cash flow
Cash from operating activities	3,089,716	4,129,989	4,902,987
CAPEX	(3,348,671)	(4,433,035)	(7,094,299)
Cash from investing activities	(2,765,422)	(4,569,684)	(5,837,746)
Cash from financing activities	1,371,901	(394,728)	742,279
FCF	(180,541)	(689,925)	(2,257,413)
Balance
Cash	7,357,995	6,048,140	7,361,090
Long term investments		2,209,565	3,360,009
Excess cash	5,099,111	6,149,432	8,525,013
Stockholders' equity	24,662,670	23,962,944	28,143,084
Invested Capital	57,001,997	53,147,206	49,412,904
ROIC	2.25%	3.19%	2.46%
ROCE	2.46%	3.38%	2.81%
EV
Common stock shares outstanding	1,009,700	1,110,736	1,112,218
Price	19.00 -36.13%	29.75 8.78%	27.35 -22.52%
Market cap	19,184,300 -41.94%	33,044,396 8.63%	30,419,162 -22.47%
EV	44,547,387	55,303,824	49,470,930
EBITDA	5,566,777	5,610,851	4,621,805
EV/EBITDA	8.00	9.86	10.70
Interest	1,012,488	929,179	466,599
Interest/NOPBT	65.00%	45.42%	28.08%