Handelsavisen
prelaunch
Companies Basic Materials 1310.TW
13
1310.TW TWSE Commodity Chemicals

Taiwan Styrene Monomer Corp

$7,90
Open in Charts → Attach watcher ⌖
TWD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
4,2B TWD
P/E
EV / Rev
Div yield
0,00 %
Op margin
-8,3 %
ROE
-9,8 %
Net margin
-8,4 %
Debt / equity
0,20
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Taiwan Styrene Monomer Corp produces and sells styrene monomer, a commodity chemical used in the production of plastics, resins, and synthetic rubber, primarily serving the polymer and construction materials industries.

Business. Taiwan Styrene Monomer Corp (1310.TW) is a basic materials company operating in the commodity chemicals industry. The firm is headquartered in Taiwan and is primarily listed on the Taiwan Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorBasic Materials
Business sectorChemicals
IndustryCommodity Chemicals
ActivityChemicals
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-9,8 %
return on equity
Quality
not yet scored

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.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1310.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1310.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Taiwan Styrene Monomer Corp (1310.TW) is a basic materials company operating in the commodity chemicals industry. The firm is headquartered in Taiwan and is primarily listed on the Taiwan Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorChemicals
    IndustryCommodity Chemicals
    ActivityChemicals
    AI synthesis
    GENERATED

    ### Capital Structure and Liquidity The company's liquidity position is characterized by a current ratio of 0.89, indicating that current liabilities exceed current assets, and a negative net cash position after subtracting total debt. The price-to-book ratio of 0.56 suggests that the market values the company at a discount to its book value, while the price-to-tangible-book ratio of 0.56 reflects a similar valuation dynamic. The debt-to-equity ratio of 0.2 indicates a relatively low level of leverage compared to industry norms.

    ### Profitability and Returns Profitability metrics are negative, with a return on equity of -9.79% and a return on assets of -7.27%, both significantly below the industry median. The company reported a gross loss of TWD 542.29 million and an operating loss of TWD 722.33 million, reflecting the challenging market conditions in the commodity chemicals sector.

    ### Segments and Geographic Exposure The company operates as a single business segment focused on styrene monomer production. Revenue is primarily concentrated in Taiwan, with no disclosed international operations. This geographic concentration may expose the company to regional economic and regulatory risks.

    ### Growth Trajectory The company's revenue for the latest period was TWD 8.67 billion, but the negative operating and net income figures suggest a contraction in profitability. The outlook for the current fiscal year indicates a continuation of these challenges, with no significant growth expected in the near term.

    ### Risk Factors The company faces medium liquidity risk due to its current ratio and negative net cash position. The risk of dilution is assessed as low, with no recent or disclosed share issuance activities. The negative operating cash flow of TWD -102.11 million and free cash flow of TWD -469.75 million further underscore the company's financial constraints.

    ### Recent Events Recent financial filings indicate ongoing operational losses and a challenging market environment for styrene monomer. No significant new projects or strategic initiatives have been disclosed in the latest filings, suggesting a focus on cost management and operational efficiency.

    Key takeaways
    • The company is operating at a loss, with negative returns on equity and assets.
    • Liquidity is constrained, with a current ratio below 1 and negative net cash.
    • The business is concentrated in a single product and geographic region, increasing exposure to local market risks.
    • No significant growth or strategic initiatives are currently underway.
    • The valuation is at a discount to book value, reflecting market concerns about profitability.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $7,90
    Market cap
    $4.14B
    Enterprise value
    $5.54B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    0.6x
    P / Tangible book
    0.6x
    Tangible book
    $7.40B
    Net cash
    -$1.39B
    Current ratio
    0.9
    Debt / equity
    0.2
    ROA
    -7.3%
    ROE
    -9.8%
    Cash conversion
    14.0%
    CapEx / revenue
    -0.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-8,3 %Bottom quartile
    Net Margin-8,3 %Bottom quartile
    ROE-9,8 %Bottom quartile
    Capex / Rev-0,2 %Above P75
    D/E0,20Above median
    Cash Conv0,14Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Physical assets

    1 tracked
    AssetTypeCommodityCountryRole
    Taiwan Styrene Monomer Linyuan Chemical PlantChemical plantChemicalsTaiwanRegistered owner
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • Taiwan Styrene Monomer Corp Market data — financials · 2026-05-26

    Ownership & reference

    Leadership

    • Wen-Yuan LinChairman of the Board, Chief Executive Officer

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1310.TWCanonical
    TWSE · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage