1308.Tw
1308.TW is a chemical manufacturing company that produces commodity chemicals and generates revenue primarily through the sale of chemical products.
Business. 1308.TW is a chemical manufacturing company that produces commodity chemicals and generates revenue primarily through the sale of chemical products.
Analyst recommendations
1 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
1308.TW is a chemical manufacturing company that produces commodity chemicals and generates revenue primarily through the sale of chemical products.
The company's capital structure is characterized by a low debt-to-equity ratio of 0.08, indicating a conservative leverage position. However, its liquidity position is rated as medium, with a current ratio of 3.04 and negative free cash flow of -1220336000 TWD, suggesting potential short-term liquidity constraints. The price-to-book ratio of 0.75 indicates that the company is trading at a discount to its book value.
Profitability metrics show a challenging performance, with a return on equity of -0.102 and a return on assets of -0.0892, both significantly below industry norms. The company reported a net loss of 1044503000 TWD, highlighting a severe decline in profitability. Gross profit of 249334000 TWD and operating income of 3074000 TWD further underscore the company's financial difficulties.
Geographically, the company's revenue is concentrated in a single segment, with no disclosed geographic diversification. This concentration increases exposure to regional economic fluctuations and regulatory changes. The company's revenue of 5743172000 TWD is derived from its core chemical manufacturing operations.
The company's growth trajectory is negative, with a net loss and declining profitability. Analyst estimates suggest continued negative earnings, with a mean EPS estimate of -1.32 TWD and a last actual EPS of -1.76 TWD. The company's capital expenditure of -360262000 TWD indicates a reduction in investment, which may affect long-term growth prospects.
Risk factors include a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, indicating potential liquidity constraints. The absence of dilution risk is supported by the equal number of basic and diluted shares outstanding.
Recent events include a net loss and negative free cash flow, which may impact investor confidence. The company's operating cash flow of 241016000 TWD is insufficient to cover capital expenditures, suggesting a need for external financing. Analyst recommendations are neutral, with one hold and no strong buy or sell ratings.
- The company is trading at a discount to its book value, with a price-to-book ratio of 0.75.
- Profitability is severely negative, with a return on equity of -0.102 and a return on assets of -0.0892.
- The company has a conservative debt structure but faces liquidity constraints due to negative free cash flow.
- Analyst estimates suggest continued negative earnings, with a mean EPS estimate of -1.32 TWD.
- The company's revenue is concentrated in a single segment, increasing exposure to regional economic fluctuations.
- "margin_outlook_rationale": "Margins are expected to remain negative due to declining profitability and high operating costs.",
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -1,32 |
| Revenue | —no estimate | —no estimate | 5,6B TWD |
| Operating income | —no estimate | —no estimate | 80,0M TWD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
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- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- 1308.TW Market data — financials · 2026-05-26
- Asia Polymer Corp Market data — analyst estimates · 2026-05-26
Ownership & reference
Leadership
- F. Jared SprolePresident & CEO