Double Bond Chemical Ind Co Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

1.28

EPS

—

Div Yield, %

—

Shrs. gr., 5y

-2.53%

Rev. gr., 5y

-5.02%

Revenues

2.70b

+21.34%

Net income

-37m

L-56.59%

CFO

-97.38%

Dividend

Jul 21, 20230.5 TWD/sh

Profile

Double Bond Chemical Ind. Co., Ltd. manufactures and sells fine chemicals with focus on the polymer and UV-coating industries in Taiwan and internationally. It offers additives for plastics and coatings, such as benzophenone and benzotriazole UV absorbers; HALS light stabilizers; phenolic, phosphite, thioester, and other antioxidants; lubricant additives; textile auxiliaries; optical brighteners; anti-hydrolysis agents; PVC stabilizers; anti-yellowing agents; nucleating agents; antistatic agents; antibacterial agents; flame retardants; and other products. The company also provides UV curable products, including monomers, epoxy acrylate oligomers, PE acrylate oligomers, full acrylics, aliphatic urethane acrylates, aromatic urethane acrylates, waterborne oligomers, formulated oligomers, cationic oligomers and monomers, additives, high refractive index oligomers, photoinitiators, photosensitizers, cationic photoinitiators, and amine synergists; and ink and auxiliaries, as well as digital printers and printing OEM services. In addition, it offers electronics chemicals consisting of high performance silicone and high heat resistance epoxy encapsulants; epoxy molding compounds; high brightness phosphor; imprinting nano-PSS structure total solutions; optical lenses; and solutions for micro LED, as well as silicone encapsulation molding machines, UV curable adhesives, UV curable hard coating materials, and stable and long life pigments, as well as UV-LED Inkjet inks. The company's products are used in various applications, such as resins, compounding, coating, adhesives, inks, and other applications. Double Bond Chemical Ind. Co., Ltd. was founded in 1994 and is headquartered in New Taipei City, Taiwan.

URL

http://www.dbc.com.tw/

IPO date

Oct 14, 2016

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	2,702,450 21.34%	2,227,080 -20.63%	2,806,070 -8.39%
Cost of revenue	2,729,733	2,340,805	2,776,253
Unusual Expense (Income)
NOPBT	(27,283)	(113,725)	29,817
NOPBT Margin			1.06%
Operating Taxes	2,590	(3,948)	23,785
Tax Rate			79.77%
NOPAT	(29,873)	(109,777)	6,032
Net income	(37,290) -56.59%	(85,907) -242.33%	60,357 -43.53%
Dividends		(42,771)	(32,280)
Dividend yield		1.20%	0.73%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	1,603,769	1,336,839	988,129
Long-term debt	662,099	707,173	1,071,255
Deferred revenue
Other long-term liabilities	3,169	5,158	5,949
Net debt	917,621	755,369	750,546
Cash flow
Cash from operating activities	3,689	141,037	151,768
CAPEX	(26,626)	(56,102)	(141,260)
Cash from investing activities	(114,772)	(56,763)	(120,749)
Cash from financing activities	132,756	(70,000)	15,425
FCF	(74,185)	102,002	51,571
Balance
Cash	1,343,865	1,198,993	1,205,110
Long term investments	4,382	89,650	103,728
Excess cash	1,213,124	1,177,289	1,168,534
Stockholders' equity	1,543,143	1,832,233	2,005,049
Invested Capital	3,246,970	3,042,352	3,225,634
ROIC			0.19%
ROCE			0.68%
EV
Common stock shares outstanding	85,473	85,542	85,603
Price	44.70 7.71%	41.50 -20.19%	52.00 -7.83%
Market cap	3,820,647 7.62%	3,549,993 -20.25%	4,451,356 -7.84%
EV	4,745,889	4,310,288	5,205,889
EBITDA	151,064	18,720	87,172
EV/EBITDA	31.42	230.25	59.72
Interest	40,573	28,636	6,871
Interest/NOPBT			23.04%