Go Premium in Our Biggest Sale Ever

UPGRADE NOW
TipRanks
Go Ultimate75% OFF

Ocean Plastics Co., Ltd. (1321) Stock Price & Analysis

1321 Stock Chart & Stats

NT$33.20-NT$1.10(-3.21%)
At close: 12:30 AM EST
TWD 32TWD 34TWD 36Aug 10Aug 24Sep 7Sep 21Oct 5Oct 19Nov 2
Day’s Range
TWD 32.80 - TWD 34.00
52-Week Range
TWD 28.05 - TWD 36.75
Previous Close
TWD 34.30
Volume
N/A
Average Volume (3M)
173.35K
Market Cap
TWD 7.33B
Enterprise Value
TWD 9.78B
Total Cash (Recent Filing)
TWD 1.33B
Total Debt (Recent Filing)
TWD 4.28B
Price to Earnings (P/E)
254.6
Beta
0.08
Next Earnings
N/A
EPS Estimate
N/A
Last Dividend Ex-Date
Aug 22, 2025
Dividend Yield
1.14%

Bulls Say, Bears Say

Bulls Say

Improved Cash Generation

Positive operating and free cash flow in the latest two years, including a 56% 2025 rebound, gives the company internally generated funding for working capital, investment, and debt service. If sustained, this improvement can reduce reliance on external financing despite uneven earlier cash generation.

Positive EBITDA

Positive EBITDA indicates that the operating platform still generates earnings before depreciation, interest, and taxes, even though reported profitability has weakened. This underlying capacity could support a recovery if revenue stabilizes and the company improves margins, cost control, or operating efficiency.

Manageable Capital Structure

The balance sheet is not described as distressed: equity remains sizable, the asset base is stable, and leverage is still considered manageable for the industry. That provides some resilience and preserves financial flexibility while management addresses weaker profitability and cash coverage.

Bears Say

Multi-Year Revenue Contraction

Repeated revenue contraction signals weakening demand, market position, or customer activity rather than a single-period fluctuation. A shrinking top line makes it harder to absorb fixed costs, fund investment, and restore earnings, while continued declines could further erode the company’s operating scale.

Deteriorating Profitability

Negative EBIT and net profit show that core operations are not currently covering the full burden of operating and other costs. Thin, declining gross margins also suggest reduced earnings protection, leaving results vulnerable to further revenue pressure and making a durable recovery dependent on meaningful margin improvement.

Rising Leverage And Limited Debt Coverage

Although the capital structure remains manageable, rising leverage combined with operating cash flow covering only about 23% of debt limits financial flexibility. If profitability stays weak, more cash may be directed toward debt service, reducing funds available for investment, shareholder returns, or absorbing further business stress.

1321 FAQ

What was Ocean Plastics Co., Ltd.’s price range in the past 12 months?
Ocean Plastics Co., Ltd. lowest stock price was TWD 28.05 and its highest was TWD 36.75 in the past 12 months.
What is Ocean Plastics Co., Ltd.’s market cap?
Ocean Plastics Co., Ltd.’s market cap is TWD 7.33B.
When is Ocean Plastics Co., Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Ocean Plastics Co., Ltd.’s earnings last quarter?
Ocean Plastics Co., Ltd. released its earnings results on Nov 11, 2026. The company reported -TWD 0.204 earnings per share for the quarter.
Is Ocean Plastics Co., Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Ocean Plastics Co., Ltd. pay dividends?
Ocean Plastics Co., Ltd. pays a ― dividend of TWD 0.38 which represents an annual dividend yield of 1.14%. See more information on Ocean Plastics Co., Ltd. dividends here
What is Ocean Plastics Co., Ltd.’s EPS estimate?
Ocean Plastics Co., Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ocean Plastics Co., Ltd. have?
Ocean Plastics Co., Ltd. has 227,228,270 shares outstanding.
What happened to Ocean Plastics Co., Ltd.’s price movement after its last earnings report?
Ocean Plastics Co., Ltd. reported an EPS of -TWD 0.204 in its last earnings report. Following the earnings report the stock price went up 0.631%.
Which hedge fund is a major shareholder of Ocean Plastics Co., Ltd.?
Currently, no hedge funds are holding shares in TW:1321
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology