Double Bond Chemical Ind Co Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

1.69

EPS

—

Div Yield, %

1.14%

Shrs. gr., 5y

-1.12%

Rev. gr., 5y

-13.24%

Revenues

2.23b

-20.63%

Net income

-86m

CFO

141m

-7.07%

Dividend

Jul 21, 20230.5 TWD/sh

Earnings

Jun 27, 2025

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	2,227,080 -20.63%	2,806,070 -8.39%	3,063,040 16.34%
Cost of revenue	2,340,805	2,776,253	2,918,396
Unusual Expense (Income)
NOPBT	(113,725)	29,817	144,644
NOPBT Margin		1.06%	4.72%
Operating Taxes	(3,948)	23,785	42,749
Tax Rate		79.77%	29.55%
NOPAT	(109,777)	6,032	101,895
Net income	(85,907) -242.33%	60,357 -43.53%	106,874 72.14%
Dividends	(42,771)	(32,280)	(22,626)
Dividend yield	1.20%	0.73%	0.47%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	1,336,839	988,129	758,071
Long-term debt	707,173	1,071,255	1,308,829
Deferred revenue
Other long-term liabilities	5,158	5,949	8,946
Net debt	755,369	750,546	844,277
Cash flow
Cash from operating activities	141,037	151,768	41,188
CAPEX	(56,102)	(141,260)	(289,176)
Cash from investing activities	(56,763)	(120,749)	(293,918)
Cash from financing activities	(70,000)	15,425	60,903
FCF	102,002	51,571	(686,441)
Balance
Cash	1,198,993	1,205,110	1,141,909
Long term investments	89,650	103,728	80,714
Excess cash	1,177,289	1,168,534	1,069,471
Stockholders' equity	1,832,233	2,005,049	1,947,126
Invested Capital	3,042,352	3,225,634	3,275,649
ROIC		0.19%	3.37%
ROCE		0.68%	3.32%
EV
Common stock shares outstanding	85,542	85,603	85,611
Price	41.50 -20.19%	52.00 -7.83%	56.42 -2.30%
Market cap	3,549,993 -20.25%	4,451,356 -7.84%	4,830,167 -13.38%
EV	4,310,288	5,205,889	5,678,401
EBITDA	18,720	87,172	205,049
EV/EBITDA	230.25	59.72	27.69
Interest	28,636	6,871	9,803
Interest/NOPBT		23.04%	6.78%