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2103 - TSRC Share Price

TWD32.05 0.1  0.3%

Last Trade - 6:30am

Consumer Cyclicals
Mid Cap
Market Cap £670.6m
Enterprise Value £865.7m
Revenue £610.7m
Position in Universe 1137th / 6091
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Relative Strength (%)
1m +14.2%
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -8.19%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
25,982 26,955 31,766 29,751 28,911 24,024 26,794 29,330 -1.6%
-27.8 +20.3 -11.6 +36.2 -36.5 -69.0 +371 +19.0
Balance Sheet
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, TSRCCorp revenues decreased 17% to NT$24.02B. Net loss totaledNT$21.9M vs. income of NT$740.3M. Revenues reflectSynthetic Rubber segment decrease of 15% to NT$23.17B,Rubber segment decrease of 53% to NT$850.6M, Asia segmentdecrease of 16% to NT$17.43B, Americas segment decrease of17% to NT$3.48B.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History


2103 Revenue Unlock 2103 Revenue

Net Income

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Normalised EPS

2103 Normalised EPS Unlock 2103 Revenue

PE Ratio Range

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Dividend Yield Range

2103 Dividend Yield Range Unlock 2103 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
Net Profit
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
2103 EPS Forecasts Unlock 2103 Revenue
Profile Summary

TSRC Corp is a Taiwan-based company mainly engaged in the manufacture and sale of synthetic rubber products. The Company operates through three business segments. The synthetic rubber segment manufactures and sells synthetic rubber. Its products include emulsion polystyrene-butadiene rubber (E-SBR), solution polystyrene-butadiene rubber (S-SBR), polybutadiene/butadiene rubber (BR), thermoplastic elastomer (TPE) etc. The non-synthetic rubber segment manufactures and sells applied materials such as engineering plastics and thermoplastic elastomers. The Other segment is engaged in warehousing business. The Company's business covers the mainland, the United States, Thailand, Germany, Turkey, Japan, Italy and Southeast Asia.

Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated November 22, 1973
Public Since September 25, 1982
No. of Shareholders: n/a
No. of Employees: 1,466
Sector Consumer Cyclicals
Industry Automobiles & Auto Parts
Index Taiwan SE Weighted ,
Exchange Taiwan Stock Exchange
Shares in Issue 825,709,978
Free Float (0.0%)
Eligible for
2103 Share Price Performance
Share Price
Bid - Ask
Low - High
Day's Change
Avg Volume
Open - Close
Range (12m)
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Frequently Asked Questions for TSRC
What is the TSRC share price?

As of 6:30am, shares in TSRC are trading at TWD32.05, giving the company a market capitalisation of £670.6m. This share price information is delayed by 15 minutes.

How has the TSRC share price performed this year?

Shares in TSRC are currently trading at TWD32.05 and the price has moved by 0.102k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the TSRC price has moved by 26.55% over the past year.

What are the analyst and broker recommendations for TSRC?

Of the analysts with advisory recommendations for TSRC, there are there are currently 1 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for TSRC is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will TSRC next release its financial results?

TSRC is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the TSRC dividend yield?

The TSRC dividend yield is 1.13% based on the trailing twelve month period.

Does TSRC pay a dividend?

Last year, TSRC paid a total dividend of 0.36, and it currently has a trailing dividend yield of 1.13%. Looking ahead, TSRC has not announced an ex-dividend date yet.

When does TSRC next pay dividends?

TSRC has yet to annouce their ex-dividend date. The historic dividend yield on TSRC shares is currently 1.13%.

How do I buy TSRC shares?

To buy shares in TSRC you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of TSRC?

Shares in TSRC are currently trading at TWD32.05, giving the company a market capitalisation of £670.6m.

Where are TSRC shares listed? Where are TSRC shares listed?

Here are the trading details for TSRC:

Country of listing: Taiwan
Exchange: TAI
Ticker Symbol: 2103
What kind of share is TSRC?

Based on an overall assessment of its quality, value and momentum, TSRC is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a TSRC share price forecast 2021?

Shares in TSRC are currently priced at TWD32.05. At that level they are trading at 11.58% premium to the analyst consensus target price of 0.00.

Analysts covering TSRC currently have a consensus Earnings Per Share (EPS) forecast of 1.345 for the next financial year.

How can I tell whether the TSRC share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like TSRC. Over the past six months, the relative strength of its shares against the market has been 22.67%. At the current price of TWD32.05, shares in TSRC are trading at 49.57% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the TSRC PE Ratio?

The TSRC PE ratio based on its reported earnings over the past 12 months is 0.112k. The shares are currently trading at TWD32.05.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of TSRC?

TSRC's management team is headed by:

Nita Ing - CHM
Wing-Keung Lam - DGM
Chin-Shan Chiang - DRC
Robert Hung - IND
John T. Yu - DRC
Wei Cheang Chai - GMG
R.L. Chiu - DGM
Edward Wang - DGM
Qiwei Lu - DGM
Kevin Liu - DGM
Jing-Lung Huang - DRC
Hsin-Che Chao - IND
Alison Tung - DGM
Who are the major shareholders of TSRC?

Here are the top five shareholders of TSRC based on the size of their shareholding:

Panama Banco Industrial Company Corporation
Percentage owned: 8.42% (69.5m shares)
Metacity Development Corporation Corporation
Percentage owned: 7.64% (63.1m shares)
Hao Ran Foundation Corporation
Percentage owned: 7.29% (60.2m shares)
Wei Dah Development Company Ltd. Corporation
Percentage owned: 6.5% (53.7m shares)
Formosa Plastics Marine Corp. Corporation
Percentage owned: 4.99% (41.2m shares)
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