Lucky Cement Co., Ltd. AI Stock Analysis
Lucky Cement Co., Ltd. (1108) AI Stock Analysis
Lucky Cement Co., Ltd.
(TWSE:1108)
The score is anchored by solid fundamentals: sharply higher profitability, a 15.3% return on equity, meaningful debt reduction and record free cash flow that comfortably supports an unusually high ~9.3% dividend yield at a moderate 15.8x P/E. These strengths are tempered by two consecutive years of revenue decline, flat core cement margins near 19%, and reliance on non-operating income for much of the profit growth. The main drag is technical: the stock trades below all key moving averages with a negative MACD, signalling a persistent downtrend, though deeply oversold RSI and Stochastic readings suggest selling pressure may be nearing exhaustion. The result is an above-average score reflecting good financial health and income appeal offset by weak price trends and uncertain top-line recovery.
Lucky Cement Co., Ltd. (1108) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.29B
- Dividend Yield
- 9.39%
- Average Volume (3M)
- 248.13K
- Price to Earnings (P/E)
- 15.7
- Beta (1Y)
- 0.24
- Revenue Growth
- -17.57%
- EPS Growth
- -70.70%
- Country
- TW
- Employees
- 405
- Sector
- General
- Sector Strength
- 55
- Industry
- Construction Materials
Lucky Cement Co., Ltd. Business Overview & Revenue Model
Company Description
Lucky Cement Co., along with its associated companies, is primarily engaged in the manufacturing and distribution of cement throughout the People's Republic of China. Their product offerings encompass various types of cement, including Portland, read...
Lucky Cement Co., Ltd. Financial Statement Overview
Summary
Financials improved markedly: net income rose ~78% to NT$881 million, net margin nearly doubled to 19.8%, operating margin expanded to 25.6%, and return on equity hit 15.3%, the best in at least six years. The balance sheet is conservative, with debt cut by NT$840 million and debt-to-equity down to 0.50, while equity funds 57% of assets. Cash generation is the standout, with free cash flow up ~40% to NT$1.01 billion, covering 84% of net income. Offsetting these strengths, revenue declined ~6% for a second straight year, gross margin is flat near 19%, and much of the profit gain stems from non-operating income rather than the core cement business, raising questions about earnings durability. Free cash flow also benefits from a cyclical low in capital spending.
Income Statement
64PositiveBalance Sheet
73PositiveCash Flow
72Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.98B | 4.45B | 4.87B | 5.09B | 4.15B | 3.77B |
| Gross Profit | 583.54M | 851.44M | 927.70M | 882.91M | 990.78M | 560.03M |
| EBITDA | 552.74M | 1.31B | 827.73M | 891.45M | 901.13M | 541.33M |
| Net Income | 273.64M | 880.66M | 493.94M | 527.14M | 581.22M | 262.20M |
Balance Sheet | ||||||
| Total Assets | 10.28B | 10.16B | 10.43B | 9.97B | 9.66B | 8.04B |
| Cash, Cash Equivalents and Short-Term Investments | 541.17M | 444.54M | 665.69M | 442.67M | 566.80M | 450.44M |
| Total Debt | 2.93B | 2.89B | 3.73B | 3.52B | 3.45B | 2.78B |
| Total Liabilities | 4.81B | 4.41B | 5.25B | 4.90B | 4.76B | 3.40B |
| Stockholders Equity | 5.47B | 5.76B | 5.19B | 5.07B | 4.91B | 4.65B |
Cash Flow | ||||||
| Free Cash Flow | 325.92M | 1.01B | 334.19M | 370.13M | -319.04M | -190.98M |
| Operating Cash Flow | 423.82M | 1.20B | 905.05M | 645.23M | 644.67M | 82.12M |
| Investing Cash Flow | -89.34M | -166.93M | -577.01M | -159.53M | -1.07B | -292.67M |
| Financing Cash Flow | -378.68M | -1.25B | -118.51M | -471.26M | 475.40M | 112.61M |
Lucky Cement Co., Ltd. Peers Comparison
Overall Rating
- TW:110864Neutral
TW:110962Neutral
Financial Indicators
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1108 | Lucky Cement Co., Ltd. | 10.65 | -3.25 | -23.41% | |
| TW:1109 | Hsing Ta Cement Co., Ltd. | 12.70 | -1.94 | -13.26% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026