1308.TW
Price:
$13.7
Market Cap:
$8.13B
Asia Polymer Corporation designs, develops, manufactures, and sells low-density polyethylene (LDPE) and ethylene vinyl acetate copolymer (EVA) in Taiwan, Asia, and internationally. It offers LDPE resins, including film-grade, injection molding grade, and laminating film-grade products, as well as products for other uses, such as low crystallization point, microfiber, and foaming for various applications in medium duty films, frozen food packaging, extruded tubes, high clarity films, general purpose films, thin gauge films, liner bags, heavy duty films, agriculture and construction films, foam nets, injection moldings, powder coatings, protection films, laminations, extrusion coatings, and wi...[Read more]
Industry
Chemicals - Specialty
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
1308.TW
According to Asia Polymer Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.42. This represents a change of -8.70% compared to the average of 2.65 of the last 4 quarters.
The mean historical Current Ratio of Asia Polymer Corporation over the last ten years is 2.35. The current 2.42 Current Ratio has changed 10.19% with respect to the historical average. Over the past ten years (40 quarters), 1308.TW's Current Ratio was at its highest in in the September 2023 quarter at 3.69. The Current Ratio was at its lowest in in the September 2021 quarter at 1.45.
Average
2.35
Median
2.19
Minimum
1.77
Maximum
3.24
Discovering the peaks and valleys of Asia Polymer Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 32.79%
Maximum Annual Current Ratio = 3.24
Minimum Annual Increase = -53.92%
Minimum Annual Current Ratio = 1.77
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.99 | -7.79% |
| 2023 | 3.24 | 32.79% |
| 2022 | 2.44 | 15.68% |
| 2021 | 2.11 | 5.32% |
| 2020 | 2.00 | 0.18% |
| 2019 | 2.00 | 13.06% |
| 2018 | 1.77 | -19.45% |
| 2017 | 2.20 | -14.34% |
| 2016 | 2.56 | 17.76% |
| 2015 | 2.18 | -53.92% |
The current Current Ratio of Asia Polymer Corporation (1308.TW) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.89
5-year avg
2.56
10-year avg
2.35
Asia Polymer Corporation’s Current Ratio is greater than Ocean Plastics Co., Ltd. (1.99), greater than China General Plastics Corporation (0.96), greater than Cathay Chemical Works Inc. (1.49), less than Formosan Rubber Group Inc. (5.15), greater than Coremax Corporation (1.58), greater than Formosan Union Chemical Corp. (2.33), greater than Sesoda Corporation (1.03), greater than DingZing Advanced Materials Inc. (1.91), less than G-TECH Optoelectronics Corporation (2.94), less than Ho Tung Chemical Corp. (3.33),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.99 | $7.93B | |
| 0.96 | $6.65B | |
| 1.49 | $6.48B | |
| 5.15 | $7.32B | |
| 1.58 | $8.09B | |
| 2.33 | $8.09B | |
| 1.03 | $8.12B | |
| 1.91 | $6.64B | |
| 2.94 | $7.73B | |
| 3.33 | $8.06B |
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