China Petrochemical Development Corporation (1314) AI Stock Analysis

China Petrochemical Development Corporation

(TWSE:1314)

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Rating:32Underperform

Price Target:TWD 6.50▼(-14.81% Downside)

Action:initiatedcoverage

Date:11/09/26

The score is weighed down primarily by deteriorating financial performance: sharply lower revenue, losses at the gross, operating and net levels, and six consecutive years of negative operating and free cash flow. A conservatively financed balance sheet, with equity funding nearly 60% of assets and falling debt, provides a cushion but does not offset ongoing cash burn and equity erosion. Technicals reinforce the caution, with the price below all key moving averages and a negative MACD, while deeply oversold momentum readings hint only at the possibility of a short-term bounce. Valuation provides no support given negative earnings and the absence of a dividend. The score is floored at the minimum of the scoring range.

Positive Factors

Integrated petrochemical platformAn upstream-to-downstream operating footprint gives the company exposure across multiple stages of petrochemical production and can support coordination between businesses. Its broad industrial-input portfolio also creates several avenues for demand across packaging, textiles, electronics, automotive, construction, and manufacturing.

Negative Factors

Revenue contraction and current lossesRecent revenue contraction combined with a sizable net loss indicates that the current operating base is not converting demand into sustainable earnings. Continued weakness could reduce internal funding capacity, pressure equity returns, and make recovery dependent on a stronger petrochemical cycle or improved execution.

China Petrochemical Development Corporation (1314) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 28.46B
Dividend Yield: ―
Average Volume (3M): 32.29M
Price to Earnings (P/E): -9.7
Beta (1Y): 0.38
Revenue Growth: -34.68%
EPS Growth: -40.38%
Country: TW
Employees: 1,301
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

China Petrochemical Development Corporation Business Overview & Revenue Model

Company Description

China Petrochemical Development Corporation (CPDC), along with its subsidiaries, is a Taiwanese enterprise primarily engaged in the manufacturing and global distribution of petrochemical intermediates. Its core product range includes engineering plas...

China Petrochemical Development Corporation Financial Statement Overview

Summary

Financials are weak. Revenue collapsed to NT$19.2bn from NT$29.4bn and the company is loss-making at every level, with a -9.6% gross margin, an operating loss of NT$3.57bn and a net loss of NT$2.97bn (income statement score 20). Cash generation is the biggest concern (score 13): operating cash flow was -NT$3.85bn and free cash flow -NT$4.33bn, with no positive operating or free cash flow in any of the past six years. The balance sheet is the one offsetting strength (score 57): equity funds roughly 59% of assets, debt fell to NT$40.4bn and debt-to-equity improved to 0.53, giving management room to ride out the trough, though losses are steadily eroding equity and return on equity is negative at -3.9%.

Income Statement

20Very Negative

Balance Sheet

57Neutral

Cash Flow

13Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.79B	19.22B	29.44B	26.41B	25.03B	35.16B
Gross Profit	-1.48B	-1.84B	201.81M	-1.09B	-1.23B	5.10B
EBITDA	-1.26B	-2.23B	2.44B	1.56B	2.34B	6.16B
Net Income	-3.03B	-2.97B	247.68M	-1.06B	233.11M	3.49B
Balance Sheet
Total Assets	124.90B	129.34B	142.09B	145.71B	141.12B	135.46B
Cash, Cash Equivalents and Short-Term Investments	2.38B	2.03B	6.53B	7.86B	7.17B	8.02B
Total Debt	37.05B	40.35B	44.42B	51.48B	40.74B	34.57B
Total Liabilities	49.48B	53.02B	62.51B	66.94B	61.60B	54.93B
Stockholders Equity	75.36B	76.26B	79.49B	78.66B	79.39B	80.51B
Cash Flow
Free Cash Flow	-393.69M	-4.33B	-3.07B	-5.98B	-12.43B	-33.77B
Operating Cash Flow	-38.17M	-3.85B	-2.02B	-4.12B	-9.21B	-29.55B
Investing Cash Flow	4.96B	3.90B	9.49B	-972.88M	206.02M	4.49B
Financing Cash Flow	-8.15B	-4.17B	-6.94B	3.88B	7.72B	25.25B

China Petrochemical Development Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1314 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1409	57Neutral	TWD 36.07B	10.21	―	4.03%	-7.23%	195.60%
TW:1709	57Neutral	TWD 21.75B	22.80	―	2.19%	-3.01%	82.22%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2103	50Neutral	TWD 19.40B	9.47	―	1.15%	9.79%	2185.39%
TW:1711	44Neutral	TWD 21.66B	266.83	―	0.80%	-2.22%	33.13%
TW:1314	32Underperform	TWD 28.88B	-9.66	―	―	-34.68%	-40.38%
TW:1312	30Underperform	TWD 19.04B	-3.07	―	―	28.15%	-81.09%

* General Sector Average

Performance Comparison

TW:1314 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1314	China Petrochemical Development Corporation	7.63	-1.25	-14.08%
TW:1312	Grand Pacific Petrochemical Corp.	12.65	1.65	15.00%
TW:1409	Shinkong Synthetic Fibers Corporation	22.35	7.61	51.58%
TW:1709	Formosan Union Chemical Corp.	45.60	29.24	178.80%
TW:1711	Everlight Chemical Industrial Corporation	36.85	17.91	94.59%
TW:2103	TSRC Corporation	23.50	8.94	61.39%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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

China Petrochemical Development Corporation AI Stock Analysis