Shinkong Synthetic Fibers Corporation

Shinkong Synthetic Fibers Corporation

TTWSE:1409
24.90
TWD
-0.35
(-1.39%)
1.69EPS
11.43P/E
24.72BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
22.95
24.74
22.19
20.83
22.22
25.78
21.56
19.66
27.04
27.66
24.15
27.85
23.54
23.64
Basic EPS, GAAP
0.65
0.81
0.46
0.46
0.6
1.52
1.11
1.79
2.41
1.75
0.47
1.06
1.19
1.35
Free Cash Flow per Basic Share
4.98
0.44
0.82
7.51
0.7
2.28
2.08
-3.77
-3.37
0.13
-5.51
-5.21
0.28
0.54
Dividend per Share
0.31
0.35
0.43
0.25
0.25
0.5
0.85
0.55
1.1
1.4
1
0.55
0.6
- -
Book Value per Share
15.04
15.64
15.21
15.88
16.97
17.82
18.48
19.62
22.36
21.99
22.53
23.6
25.8
26.02
Tangible Book Value per Share
14.67
15.27
15.03
15.69
16.78
17.63
18.3
19.44
22.18
21.72
22.26
23.34
25.54
25.76
Basic Weighted Avg Shares
1,760
1,681
1,637
1,614
1,614
1,614
1,614
1,614
1,614
1,614
1,614
1,614
1,613
1,593
Sales/Revenue/Turnover
40,408
41,590
36,327
33,614
35,855
41,604
34,791
31,728
43,639
44,634
38,977
44,945
37,979
37,646
Operating Margin (%)
3.43
4.1
4.52
4.94
5.37
8.67
8.29
12.94
15.75
10.72
7.8
11.66
11.08
12.39
Depreciation Expense
1,747
1,711
1,715
1,674
1,752
1,845
1,970
1,786
1,670
1,768
2,002
2,081
1,817
1,800
Net Income, GAAP
1,152
1,365
749
748
965
2,458
1,793
2,884
3,888
2,824
764
1,706
1,923
2,153
Effective Tax Rate (%)
14.68
15.37
24.45
24.16
28.25
21.28
19.14
31.03
18.33
22.87
22.07
22.41
14.85
15.52
Profit Margin (%)
2.85
3.28
2.06
2.23
2.69
5.91
5.15
9.09
8.91
6.33
1.96
3.8
5.06
5.72
Working Capital
7,759
6,781
1,735
-7,623
-10,688
-9,735
-7,569
1,964
1,808
2,338
2,508
10,757
9,425
3,391
LT Debt
7,573
8,687
7,293
8,159
7,576
7,723
10,130
14,995
17,140
18,546
22,711
27,065
23,488
18,199
Total Equity
34,239
34,469
32,717
33,684
35,369
36,965
38,177
42,165
46,318
46,078
46,845
49,627
52,872
53,131
Return on Invested Capital (%)
2.52
2.63
1.73
2.05
2.46
4.78
3.75
3.21
6.49
4.08
2.46
3.21
3.02
3.24
Return on Capital (%)
2.44
3.08
2.38
1.98
2.34
4.59
2.16
3.68
4.21
3.15
1.79
2.52
2.9
3.07
Return on Common Equity (%)
4.66
5.27
2.97
2.98
3.64
8.76
6.12
9.38
11.48
7.89
2.13
4.58
4.84
5.43

Capital Structure

TWD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
36,287
41,114
49,859
LT Borrowings
22,973
21,763
16,514
LT Finance Leases
1,708
1,725
1,686
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,614
1,605
1,600
Market Capitalization
22,834
24,075
24,719

Working Capital

TWD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
151,656
156,997
169,282
Cash, Cash Equivalents & STI
24,250
25,799
27,239
Accounts Receivable, Net
21,591
21,049
26,850
Inventories
6,771
6,258
6,186
Total Current Liabilities
141,563
147,572
165,891
Payables & Accruals
- -
- -
- -
ST Debt
36,287
41,114
49,859
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.97%
4.7%
6.54%
Free Cash Flow
-401.07%
-930.8%
-105.46%
Net Income, GAAP
28.78%
14.07%
12.7%
Sales/Revenue/Turnover
1.7%
5.39%
-15.5%
Total Cash Common Dividend
- -
12.56%
9.09%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,465
11,285
11,413
11,783
44,945
2025
10,041
9,609
9,637
8,692
37,979
2026
9,708
- -
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.27
0.34
0.23
1.06
2025
0.25
-0.07
0.79
0.22
1.19
2026
0.39
- -
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.55
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chin Ta Ou
Full Time Employees
4,199
Sector
Process industries
Industry
Chemicals: specialty
Address
No. 136, Lotus Building Zhongshan TPE Taiwan 10657
IPO Date
Aug 31, 1973
Business
Shinkong Synthetic Fibers Corporation manufactures and sells polyester fibers and polymers primarily in Asia. The company produces partially oriented yarn (POY), polyester filament yarn, fully drawn yarn (FDY), polyester staple fiber (PSF), polyester draw textured yarn (P-DTY), industrial yarn, polyester pellets, PET bottle grade resin, PET bottles, PET bottle preforms, engineering polymers, optical films, polyester films, and A-PET sheets; it also offers differentiated functional fibers including fire-resistant yarn, high-strength industrial yarn for tire cords and airbags, UV-resistant fibers, flame-retardant fibers, hydrophilic fibers, recycled PET fibers, and BREEZE fibers, which comprise 70% of its fiber product lines. Shinkong Synthetic Fibers serves textiles, food packaging, electronics, optronics, automotive, and industrial sectors with applications in apparel, bottles, optical coatings, insulation films, and automotive parts. Founded in 1967 and headquartered in Taipei City, Taiwan, the company operates manufacturing sites in Taiwan, Mainland China, and Thailand, with three main plants in Taiwan generating up to 2,535 tons per day. As a member of the Shin Kong Group, it provides additional services including synthetic resin production, chemical fiber weaving and dyeing, real estate leasing, and securities investment consulting. Recent developments include a strategic partnership with Ambercycle to advance circular polyester materials from recycled textiles and investments such as $10 million in Ambercycle's commercial facility, alongside funding to affiliates like TWD 200 million to Shinkong International Leasing Corp and TWD 500 million to ShinBright Optronics Corp.