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    Chemicals: specialty
Nan Pao Resins Chemical Co. Ltd.

Nan Pao Resins Chemical Co. Ltd.

TTWSE:4766
357.50
TWD
-2.50
(-0.69%)
25.33EPS
14.65P/E
41.42BMarket Cap
Nov 06Next Earn
Nan Pao Resins Chemical Co. Ltd.
TWSE:4766
(Taiwan Stock Exchange)

Recent

price

357.50

P/E

ratio

14.65

div

yld

5.52%

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
- -
153.15
145.41
145.5
136.3
146.36
141.94
128.98
149.12
182.5
170.7
190.61
192.42
201.23
Revenue per Share
- -
7
10.38
13.32
8.22
6.15
10.19
10.12
7.26
14.44
20.14
22.26
20.25
23.44
Basic EPS, GAAP
- -
1.94
16.48
10.42
-1.4
-6.11
9.51
8.81
-4.32
8.63
20.14
18.01
22.47
20.03
Free Cash Flow per Basic Share
- -
- -
2.22
3.73
4.97
4.96
5.14
6.23
7.14
6.31
10.48
15.77
20.05
19.73
Dividend per Share
42.39
49.58
58.28
64.35
68.65
79.85
80.79
85.15
126.71
120.69
109.29
120.19
114.41
117.54
Book Value per Share
41.1
47.83
56.79
62.98
67.35
78.77
79.18
83.56
123.59
117.64
102.58
113.39
105.39
108.98
Tangible Book Value per Share
95
95
99
99
107
109
121
121
121
121
121
121
121
121
Basic Weighted Avg Shares
- -
14,504
14,460
14,474
14,615
16,022
17,114
15,551
17,980
22,004
20,581
22,983
23,200
24,260
Sales/Revenue/Turnover
- -
5.86
11.21
12.82
8.16
5.8
9.94
9.71
5.87
8.38
14.55
15.82
16.6
16.58
Operating Margin (%)
- -
226
228
247
264
308
387
425
471
511
655
734
784
790
Depreciation Expense
- -
663
1,032
1,325
882
673
1,228
1,220
876
1,741
2,428
2,684
2,442
2,826
Net Income, GAAP
- -
24.61
29.54
26.1
21
30.81
26.63
21.11
22.72
21.91
24.38
25.82
27.13
27.13
Effective Tax Rate (%)
- -
4.57
7.14
9.16
6.03
4.2
7.18
7.84
4.87
7.91
11.8
11.68
10.53
11.65
Profit Margin (%)
2,859
3,482
4,169
5,124
5,631
5,965
6,202
6,163
6,289
6,523
7,039
9,266
10,061
9,683
Working Capital
857
897
963
1,153
1,604
1,392
1,972
2,146
2,407
1,880
1,528
2,337
3,400
3,267
LT Debt
4,150
4,920
5,779
7,130
8,116
10,355
10,557
11,196
16,270
15,643
14,547
15,936
15,430
15,856
Total Equity
- -
8.97
14.1
14.42
8.63
4.99
8.92
8.1
4.47
6.92
11.61
13.07
12.48
13.62
Return on Invested Capital (%)
- -
9.48
12.53
13.83
8.26
5.47
8.73
8.46
4.81
8.29
12.55
13.48
10.88
13.14
Return on Capital (%)
- -
15.22
20.21
21.53
12.38
7.88
12.68
12.19
6.86
11.68
17.51
19.4
17.27
21.79
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,801
2,887
3,337
LT Borrowings
2,864
2,824
2,678
LT Finance Leases
536
538
589
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
121
121
121
Market Capitalization
37,919
37,196
41,416

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,526
18,913
20,240
Cash, Cash Equivalents & STI
7,845
8,533
8,946
Accounts Receivable, Net
5,007
5,100
5,485
Inventories
3,045
3,500
3,853
Total Current Liabilities
7,466
9,860
10,557
Payables & Accruals
- -
- -
- -
ST Debt
2,801
2,887
3,337
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.36%
8.17%
-3.18%
Free Cash Flow
-38.53%
-60.22%
24.72%
Net Income, GAAP
16.47%
22.32%
-9.03%
Sales/Revenue/Turnover
5.25%
8.83%
0.95%
Total Cash Common Dividend
29.54%
29.32%
27.12%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,990
5,783
6,088
6,122
22,983
2025
5,554
5,805
5,910
5,930
23,200
2026
5,836
6,583
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.86
5.58
5.48
5.35
22.26
2025
6.05
4.59
4.97
4.65
20.25
2026
6.55
7.27
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
15.21
0.52
15.77
2025
- -
- -
19.71
0.03
20.05
2026
- -
- -
- -
- -
- -
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Business
Nan Pao Resins Chemical Co., Ltd. manufactures and markets synthetic resins, adhesives, coatings, and construction materials primarily for footwear, industrial, and construction applications; its core products include footwear adhesives such as water-based polyurethane dispersions, cleaners, primers, hardeners, T-PU, and shoe bonding solutions; adhesives and specialties encompassing textile, woodworking, furniture, construction, graphic arts, tape and label, paper converting, rigid packaging, leather coating, flexible packaging, nonwoven, pressure sensitive, and product assembly adhesives; hot melt adhesives for footwear, bookbinding, carton sealing and packaging, woodworking, hygiene, cushion and EPE foam, labeling, filter glue, automatic, insect trapping, pocket spring assembly, and medical tape uses; coatings comprising building and construction, flooring and concrete, heavy duty anti-rust, industrial, eco-green, functional, indoor and outdoor powder, and special application varieties; construction materials such as grouts, waterproofing, sealants, deadeners, and bituminous products; and advanced offerings including PUR hot melt adhesives for shoe bonding, textile, and woodwork; optical and functional pressure sensitive adhesives; insulating glass adhesives; carbon fiber composite materials; water-based nano resins; and semiconductor and optical device adhesives. The company, founded in 1963 and headquartered in Tainan City, Taiwan, operates production and sales offices across Taiwan including Taipei, Taoyuan, Taichung, and Changhua, with distribution to domestic and overseas markets in Asia including Thailand. In recent developments, Nan Pao acquired a 70% stake in Yun Teh Industrial Co., Ltd. for TWD 560 million in August 2024, enabling consolidation from January 2025 to enter high-performance carbon fiber epoxy markets for replacement, lightweighting, and new energy applications; established a joint venture with Advanced Echem in August 2025 to prioritize semiconductor adhesives as a major growth driver; and advances its NextGen strategy through R&D collaborations in footwear, semiconductors, and woodworking for innovative high-value products.