Shih-Kuen Plastics Co., Ltd. AI Stock Analysis
Shih-Kuen Plastics Co., Ltd. (4305) AI Stock Analysis
Shih-Kuen Plastics Co., Ltd.
(TPEx:4305)
The score is driven primarily by solid fundamentals: an essentially debt-free balance sheet, high-teens ROE, expanding margins, and strong free cash flow that covers roughly 90% of reported earnings. Valuation reinforces the case, with a modest 8.2x P/E and a 7.7% dividend yield backed by real cash generation. The main drags are technical: the stock trades below all key moving averages with a negative MACD, though RSI and stochastic readings show it is deeply oversold. Slow, uneven revenue growth and lumpy historical free cash flow are the key fundamental limitations preventing a higher score.
Shih-Kuen Plastics Co., Ltd. (4305) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.21B
- Dividend Yield
- 7.73%
- Average Volume (3M)
- 4,841
- Price to Earnings (P/E)
- 8.2
- Beta (1Y)
- 0.15
- Revenue Growth
- -5.79%
- EPS Growth
- 63.25%
- Country
- TW
- Employees
- 106
- Sector
- General
- Sector Strength
- 55
- Industry
- Chemicals - Specialty
Shih-Kuen Plastics Co., Ltd. Business Overview & Revenue Model
Company Description
Shih-Kuen Plastics Co., Ltd., based in Tainan City, Taiwan, specializes in the production and supply of a broad spectrum of PVC sheets and vinyl film. Their comprehensive product line encompasses various types of PVC sheets. This includes double-poli...
Shih-Kuen Plastics Co., Ltd. Financial Statement Overview
Summary
A financially disciplined small-cap specialty chemicals producer. Margins have expanded sharply (gross margin from ~20% to ~31%, net margin roughly doubling to ~19.5%), with net income of NT$211m and EBIT of NT$256m. The balance sheet is a standout: debt-to-equity of just 3.5%, equity funding ~85% of assets, and ROE improving to ~17%. Cash generation is strong, with operating cash flow of ~NT$270m and free cash flow of ~NT$242m, converting at ~90% of net income. Offsetting these strengths are a sluggish, uneven revenue trajectory (low-single-digit growth), a slight year-over-year dip in net income and EBITDA despite better operating results, and historically lumpy free cash flow.
Income Statement
79PositiveBalance Sheet
88Very PositiveCash Flow
85Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.03B | 1.08B | 1.04B | 941.03M | 909.73M | 1.17B |
| Gross Profit | 338.44M | 334.89M | 281.57M | 242.85M | 183.16M | 229.39M |
| EBITDA | 288.16M | 267.28M | 283.98M | 212.57M | 196.00M | 153.89M |
| Net Income | 268.19M | 210.97M | 218.22M | 160.34M | 146.87M | 111.42M |
Balance Sheet | ||||||
| Total Assets | 1.57B | 1.48B | 1.39B | 1.30B | 1.22B | 1.21B |
| Cash, Cash Equivalents and Short-Term Investments | 954.21M | 874.45M | 798.87M | 762.80M | 739.45M | 582.10M |
| Total Debt | 16.28M | 43.95M | 22.00M | 12.26M | 10.17M | 12.70M |
| Total Liabilities | 362.98M | 224.59M | 175.82M | 162.35M | 138.05M | 178.24M |
| Stockholders Equity | 1.21B | 1.25B | 1.22B | 1.14B | 1.09B | 1.03B |
Cash Flow | ||||||
| Free Cash Flow | 274.93M | 241.55M | 152.04M | 136.41M | 256.49M | 107.97M |
| Operating Cash Flow | 293.38M | 269.51M | 162.91M | 144.15M | 256.69M | 114.04M |
| Investing Cash Flow | -60.52M | -13.41M | -183.38M | -83.78M | -314.74M | 81.64M |
| Financing Cash Flow | -196.78M | -151.35M | -140.22M | -111.83M | -102.37M | -97.92M |
Shih-Kuen Plastics Co., Ltd. Peers Comparison
Overall Rating
TW:842479Outperform- TW:430576Outperform
TW:317842Neutral
TW:132541Neutral
TW:223940Underperform
TW:612840Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:8424 | 79Outperform | TWD 2.44B | 10.92 | ― | 7.39% | -0.52% | 15.98% |
| TW:4305 | 76Outperform | TWD 2.21B | 8.22 | ― | 7.73% | -5.79% | 63.25% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3178 | 42Neutral | TWD 2.49B | 62.49 | ― | 0.91% | 2.22% | 6041.77% |
| TW:1325 | 41Neutral | TWD 2.16B | -62.78 | ― | 1.19% | -21.19% | 47.07% |
| TW:2239 | 40Underperform | TWD 2.09B | -1.93 | ― | ― | -10.18% | -223.51% |
| TW:6128 | 40Underperform | TWD 2.28B | -1.83 | ― | 2.79% | -5.23% | -561.00% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4305 | Shih-Kuen Plastics Co., Ltd. | 40.10 | 0.47 | 1.18% | |
| TW:1325 | Universal Incorporation | 25.30 | -5.35 | -17.46% | |
| TW:2239 | Cayman Engley Industrial Co., Ltd. | 17.75 | -11.60 | -39.52% | |
| TW:3178 | Gongin Precision Industrial Co., Ltd. | 55.20 | 3.90 | 7.60% | |
| TW:6128 | General Plastic Industrial Co., Ltd. | 17.90 | -4.21 | -19.03% | |
| TW:8424 | Wellpool Co., Ltd | 67.70 | -0.49 | -0.72% |
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