Ocean Plastics Co Ltd
Ocean Plastics Co Ltd is a chemical manufacturing company that produces commodity chemicals, primarily generating revenue through the sale of chemical products.
Business. Ocean Plastics Co Ltd (1321.TW) is a commodity chemicals company listed on the Taiwan Stock Exchange. The firm operates within the Basic Materials sector, specifically focusing on chemical activities. Due to the absence of specific segment or geographic data, the company is described at the industry level. Headquarters location details are not provided in the available facts.
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- 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
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Ocean Plastics Co Ltd (1321.TW) is a commodity chemicals company listed on the Taiwan Stock Exchange. The firm operates within the Basic Materials sector, specifically focusing on chemical activities. Due to the absence of specific segment or geographic data, the company is described at the industry level. Headquarters location details are not provided in the available facts.
Ocean Plastics Co Ltd has a debt-to-equity ratio of 0.74, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.89, suggesting it can cover short-term obligations but with limited buffer. Free cash flow is negative at -230.55 million TWD, and operating cash flow is 244.47 million TWD, highlighting a mismatch between operating performance and capital expenditure needs.
Profitability metrics are weak, with a return on equity of -4.84% and a return on assets of -2.42%, both significantly below the industry median for Commodity Chemicals. The company reported a net loss of 275.55 million TWD and an operating loss of 132.96 million TWD, indicating operational inefficiencies or pricing pressures.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic shifts and regulatory changes. No material revenue is attributed to specific geographic regions in the latest financials.
Growth prospects are constrained, with no disclosed revenue growth in the current fiscal year. The company's capital expenditure of 116.31 million TWD reflects ongoing investment, but the negative free cash flow suggests these investments are not yet generating returns. The outlook for the next fiscal year remains uncertain without clear guidance on cost optimization or revenue expansion.
Risk factors include liquidity constraints and the potential for dilution, though the latter is currently assessed as low. The company's net cash position is negative after subtracting total debt, signaling potential refinancing risks. No recent dilutive events have been disclosed, and the dilution potential remains minimal.
Recent filings and transcripts do not indicate any material events or strategic shifts. The company has not disclosed any new product launches, major contracts, or restructuring plans in the latest available documents. The absence of recent strategic announcements suggests a period of operational stability or stagnation.
- Ocean Plastics Co Ltd is operating at a net loss with weak profitability metrics.
- The company's liquidity position is moderate, with a current ratio of 1.89.
- Revenue is concentrated in a single business segment, increasing operational risk.
- Capital expenditures are ongoing, but free cash flow is negative, indicating inefficiencies.
- No recent strategic or operational changes have been disclosed.
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- Net cash is negative after subtracting total debt.
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- Ocean Plastics Co Ltd Market data — financials · 2026-05-26