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XTAI
4722
Market cap234mUSD
Jul 15, Last price  
68.70TWD
1D
8.19%
1Q
27.70%
Jan 2017
113.42%
IPO
661.64%
Name

Qualipoly Chemical Corp

Chart & Performance

D1W1MN
P/E
30.69
P/S
1.71
EPS
2.24
Div Yield, %
1.46%
Shrs. gr., 5y
0.01%
Rev. gr., 5y
-1.21%
Revenues
4.04b
+16.93%
2,428,689,0003,296,004,0004,118,452,0004,856,385,0004,858,179,0004,996,442,0004,505,223,0004,655,443,0004,950,532,0004,748,831,0004,292,615,0003,822,858,0004,830,426,0004,224,680,0003,454,793,0004,039,743,000
Net income
225m
+34.44%
43,824,00080,348,000105,868,000182,777,000140,038,000178,774,000347,604,000343,693,000295,168,000253,856,000256,708,000281,318,000367,807,000315,043,000167,026,000224,543,000
CFO
17m
-91.67%
222,684,000-125,432,00074,723,000-95,811,000-28,551,000120,607,000594,079,000356,366,000137,596,000340,993,000472,587,000446,674,000221,322,000729,850,000210,087,00017,491,000
Dividend
Jun 06, 20241 TWD/sh
Earnings
Aug 06, 2025

Profile

Qualipoly Chemical Corp. manufactures and supplies polyurethane resins, wire enamels, and insulating varnish. The company offers UV curable materials used in various applications, such as wood coatings, plastics and metal coatings, adhesives and lacquers for CD/DVD, over print varnishes, optical films, and additives for electronic/optical parts; and unsaturated polyester resins for use in FRPs, color pastes and gelcoats, fire retardants, castings, synthetic marbles, buttons, decorative panels, coatings and putties, SMC/BMCs, and ISO-type FRPs. It also provides coating resins comprising alkyd resins used in various applications, which include tinting colors, ink, white ready mixed paints, air-drying paints, baking paints, 2K and NC matted primers, acid-curing, marine primer, wrinkle finishes, paints on wood, plastic and glass, etc.; acrylic resins for use in baking paints on metal, acid-curing amino-alkyd paints on wood applications, etc.; and amino resins used in various applications consisting of paints on concrete, pints for road marking, printing inks, and coil pints, as well as varnishes/paints on paper, wood, plastic, and metal. In addition, the company offers foundry resins that are used as cement and adhesive, casting resin, coating, and impregnant; insulating varnishes used in the manufacture of transformers, and coil and enamel-insulated wires for insulating system in the electronic devices; and polyurethane rigid foam resins used to manufacture wood-imitation materials, soft floor, and fillers. Further, it provides PVAC and acrylic emulsion resins for application in papers, woods, floor tiles, PVC sheets, and furniture, as well as to manufacture tapes of general purpose, pressure sensitive adhesive, glues, and others; and fiber glass. The company markets its products in approximately 40 countries primarily the United States, European Union, Japan, and other markets under the Qualipoly and QualiCure brand names. The company was founded in 1978 and is headquartered in Kaohsiung, Taiwan.
IPO date
Dec 25, 2001
Employees
Domiciled in
TW
Incorporated in
TW

Valuation

Title
TWD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
4,039,743
16.93%
3,454,793
-18.22%
4,224,680
-12.54%
Cost of revenue
3,780,552
3,295,162
3,901,358
Unusual Expense (Income)
NOPBT
259,191
159,631
323,322
NOPBT Margin
6.42%
4.62%
7.65%
Operating Taxes
65,378
45,824
86,323
Tax Rate
25.22%
28.71%
26.70%
NOPAT
193,813
113,807
236,999
Net income
224,543
34.44%
167,026
-46.98%
315,043
-14.35%
Dividends
(100,009)
(190,017)
(220,020)
Dividend yield
2.15%
5.06%
6.49%
Proceeds from repurchase of equity
9,483
BB yield
-0.20%
Debt
Debt current
564,793
202,795
310,573
Long-term debt
1,255,907
896,063
741,166
Deferred revenue
737,638
Other long-term liabilities
79
(737,638)
Net debt
1,417,399
691,816
359,462
Cash flow
Cash from operating activities
17,491
210,087
729,850
CAPEX
(534,521)
(461,996)
(372,902)
Cash from investing activities
(533,083)
(463,188)
(376,090)
Cash from financing activities
527,809
(35,258)
(151,094)
FCF
(659,001)
(261,067)
308,349
Balance
Cash
240,404
218,318
520,372
Long term investments
162,897
188,724
171,905
Excess cash
201,314
234,302
481,043
Stockholders' equity
2,173,234
2,468,876
2,495,608
Invested Capital
4,656,927
3,752,067
3,373,637
ROIC
4.61%
3.19%
6.88%
ROCE
5.28%
3.95%
8.23%
EV
Common stock shares outstanding
100,278
100,116
100,205
Price
46.40
23.73%
37.50
10.78%
33.85
-23.33%
Market cap
4,652,908
23.93%
3,754,350
10.68%
3,391,939
-22.15%
EV
6,070,307
4,446,166
3,751,401
EBITDA
327,675
225,402
386,214
EV/EBITDA
18.53
19.73
9.71
Interest
12,441
10,711
12,076
Interest/NOPBT
4.80%
6.71%
3.73%