25 XP   0   0   10

Taiwan Cement Corp
Buy, Hold or Sell?

Let's analyse Taiwan Cement Corp together

PenkeI guess you are interested in Taiwan Cement Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Taiwan Cement Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Taiwan Cement Corp

I send you an email if I find something interesting about Taiwan Cement Corp.

Quick analysis of Taiwan Cement Corp (30 sec.)










What can you expect buying and holding a share of Taiwan Cement Corp? (30 sec.)

How much money do you get?

How much money do you get?
NT$0.00
When do you have the money?
1 year
How often do you get paid?
82.5%

What is your share worth?

Current worth
NT$33.71
Expected worth in 1 year
NT$35.79
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
NT$2.07
Return On Investment
6.5%

For what price can you sell your share?

Current Price per Share
NT$32.15
Expected price per share
NT$29.80 - NT$32.80
How sure are you?
50%

1. Valuation of Taiwan Cement Corp (5 min.)




Live pricePrice per Share (EOD)

NT$32.15

Intrinsic Value Per Share

NT$-28.89 - NT$16.82

Total Value Per Share

NT$4.83 - NT$50.53

2. Growth of Taiwan Cement Corp (5 min.)




Is Taiwan Cement Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$7.9b$7.1b$459.8m6.0%

How much money is Taiwan Cement Corp making?

Current yearPrevious yearGrowGrow %
Making money$62.5m$42.2m$20.2m32.4%
Net Profit Margin7.3%4.5%--

How much money comes from the company's main activities?

3. Financial Health of Taiwan Cement Corp (5 min.)




4. Comparing to competitors in the Building Materials industry (5 min.)




  Industry Rankings (Building Materials)  


Richest
#13 / 223

Most Revenue
#49 / 223

Most Profit
#41 / 223

What can you expect buying and holding a share of Taiwan Cement Corp? (5 min.)

Welcome investor! Taiwan Cement Corp's management wants to use your money to grow the business. In return you get a share of Taiwan Cement Corp.

What can you expect buying and holding a share of Taiwan Cement Corp?

First you should know what it really means to hold a share of Taiwan Cement Corp. And how you can make/lose money.

Speculation

The Price per Share of Taiwan Cement Corp is NT$32.15. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Taiwan Cement Corp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Taiwan Cement Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is NT$33.71. Based on the TTM, the Book Value Change Per Share is NT$0.52 per quarter. Based on the YOY, the Book Value Change Per Share is NT$0.42 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is NT$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Taiwan Cement Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 NT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per ShareNT$% of Price per Share
Usd Eps0.010.0%0.010.0%0.010.0%0.020.1%0.010.0%
Usd Book Value Change Per Share0.040.1%0.020.1%0.010.0%0.010.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.040.1%0.020.1%0.020.1%0.020.1%0.020.1%
Usd Price Per Share1.09-1.12-1.30-1.44-1.51-
Price to Earnings Ratio36.41-32.63--101.75--2.66-31.19-
Price-to-Total Gains Ratio28.61-38.01-14.74-7.10-37.43-
Price to Book Ratio1.03-1.10-1.36-1.57-2.01-
Price-to-Total Gains Ratio28.61-38.01-14.74-7.10-37.43-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.006295
Number of shares993
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.020.02
Gains per Quarter (993 shares)16.1223.62
Gains per Year (993 shares)64.4894.48
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
106454484784
201291189693178
30193182143140272
40258246191187366
50322310239233460
60387374287280554
70451438335327648
80516502383373742
90580566430420836
100645630478467930

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%39.01.00.097.5%62.01.01.096.9%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%14.06.00.070.0%26.014.00.065.0%44.020.00.068.8%
Dividend per Share0.00.04.00.0%8.00.04.066.7%16.00.04.080.0%33.00.07.082.5%51.00.013.079.7%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%15.05.00.075.0%30.010.00.075.0%50.014.00.078.1%

Fundamentals of Taiwan Cement Corp

About Taiwan Cement Corp

Taiwan Cement Corp. manufactures and markets cement, cement-related products, and ready mix concrete in Taiwan. It operates through Cement, Electricity and Energy, and Other segments. The company also exports cement and cement clinkers. In addition, the company generates thermal and renewable energy; processes and sells refractory, chemical, and rubber raw materials, and batteries; sells limestone; and offers property leasing and energy technology, information software design, afforestation, industrial port management, marine transportation, engineering, construction and lease, waste collection and treatment, business consulting, port facility, software product and equipment maintenance, logistics and transportation, and dangerous waste treatment services. Further, it is involved in the sand and gravel filtering and sale; import and export trading; warehousing, and transportation; mining excavation activities; and manufacture and sale of slag powder. The company was incorporated in 1946 and is headquartered in Taipei, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 03:54:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Taiwan Cement Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Taiwan Cement Corp earns for each NT$1 of revenue.

  • Above 10% is considered healthy but always compare Taiwan Cement Corp to the Building Materials industry mean.
  • A Net Profit Margin of 6.4% means that NT$0.06 for each NT$1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Taiwan Cement Corp:

  • The MRQ is 6.4%. The company is making a profit. +1
  • The TTM is 7.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.4%TTM7.3%-0.9%
TTM7.3%YOY4.5%+2.8%
TTM7.3%5Y14.3%-7.0%
5Y14.3%10Y11.8%+2.5%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%5.7%+0.7%
TTM7.3%5.7%+1.6%
YOY4.5%6.4%-1.9%
5Y14.3%5.7%+8.6%
10Y11.8%5.8%+6.0%
1.1.2. Return on Assets

Shows how efficient Taiwan Cement Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Taiwan Cement Corp to the Building Materials industry mean.
  • 0.4% Return on Assets means that Taiwan Cement Corp generated NT$0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Taiwan Cement Corp:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.4%0.0%
TTM0.4%YOY0.3%+0.1%
TTM0.4%5Y1.1%-0.6%
5Y1.1%10Y1.0%+0.1%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%1.6%-1.2%
TTM0.4%1.5%-1.1%
YOY0.3%1.6%-1.3%
5Y1.1%1.7%-0.6%
10Y1.0%1.8%-0.8%
1.1.3. Return on Equity

Shows how efficient Taiwan Cement Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Taiwan Cement Corp to the Building Materials industry mean.
  • 0.8% Return on Equity means Taiwan Cement Corp generated NT$0.01 for each NT$1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Taiwan Cement Corp:

  • The MRQ is 0.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM0.9%-0.1%
TTM0.9%YOY0.6%+0.3%
TTM0.9%5Y2.1%-1.2%
5Y2.1%10Y2.1%+0.0%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%2.6%-1.8%
TTM0.9%2.7%-1.8%
YOY0.6%3.0%-2.4%
5Y2.1%3.1%-1.0%
10Y2.1%3.1%-1.0%

1.2. Operating Efficiency of Taiwan Cement Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Taiwan Cement Corp is operating .

  • Measures how much profit Taiwan Cement Corp makes for each NT$1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Taiwan Cement Corp to the Building Materials industry mean.
  • An Operating Margin of 0.0% means the company generated NT$0.00  for each NT$1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Taiwan Cement Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.0%-3.0%
TTM3.0%YOY0.4%+2.6%
TTM3.0%5Y17.2%-14.2%
5Y17.2%10Y12.7%+4.5%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.5%-9.5%
TTM3.0%5.9%-2.9%
YOY0.4%10.7%-10.3%
5Y17.2%10.0%+7.2%
10Y12.7%8.4%+4.3%
1.2.2. Operating Ratio

Measures how efficient Taiwan Cement Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Materials industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are NT$1.66 for each NT$1 in net sales.

Let's take a look of the Operating Ratio trends of Taiwan Cement Corp:

  • The MRQ is 1.656. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.723. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.656TTM1.723-0.066
TTM1.723YOY1.915-0.192
TTM1.7235Y1.615+0.107
5Y1.61510Y1.360+0.255
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6561.536+0.120
TTM1.7231.530+0.193
YOY1.9151.390+0.525
5Y1.6151.325+0.290
10Y1.3601.151+0.209

1.3. Liquidity of Taiwan Cement Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Taiwan Cement Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Materials industry mean).
  • A Current Ratio of 2.11 means the company has NT$2.11 in assets for each NT$1 in short-term debts.

Let's take a look of the Current Ratio trends of Taiwan Cement Corp:

  • The MRQ is 2.110. The company is able to pay all its short-term debts. +1
  • The TTM is 1.935. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.110TTM1.935+0.174
TTM1.935YOY2.105-0.170
TTM1.9355Y1.818+0.117
5Y1.81810Y1.235+0.583
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1101.502+0.608
TTM1.9351.485+0.450
YOY2.1051.493+0.612
5Y1.8181.550+0.268
10Y1.2351.380-0.145
1.3.2. Quick Ratio

Measures if Taiwan Cement Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Taiwan Cement Corp to the Building Materials industry mean.
  • A Quick Ratio of 0.76 means the company can pay off NT$0.76 for each NT$1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Taiwan Cement Corp:

  • The MRQ is 0.756. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.716. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.756TTM0.716+0.040
TTM0.716YOY0.721-0.005
TTM0.7165Y0.668+0.048
5Y0.66810Y0.571+0.097
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7560.734+0.022
TTM0.7160.744-0.028
YOY0.7210.783-0.062
5Y0.6680.822-0.154
10Y0.5710.803-0.232

1.4. Solvency of Taiwan Cement Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Taiwan Cement Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Taiwan Cement Corp to Building Materials industry mean.
  • A Debt to Asset Ratio of 0.46 means that Taiwan Cement Corp assets are financed with 45.9% credit (debt) and the remaining percentage (100% - 45.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Taiwan Cement Corp:

  • The MRQ is 0.459. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.477. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.459TTM0.477-0.018
TTM0.477YOY0.499-0.022
TTM0.4775Y0.462+0.015
5Y0.46210Y0.455+0.007
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4590.443+0.016
TTM0.4770.445+0.032
YOY0.4990.453+0.046
5Y0.4620.461+0.001
10Y0.4550.462-0.007
1.4.2. Debt to Equity Ratio

Measures if Taiwan Cement Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Taiwan Cement Corp to the Building Materials industry mean.
  • A Debt to Equity ratio of 93.3% means that company has NT$0.93 debt for each NT$1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Taiwan Cement Corp:

  • The MRQ is 0.933. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.000. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.933TTM1.000-0.067
TTM1.000YOY1.093-0.093
TTM1.0005Y0.941+0.059
5Y0.94110Y1.008-0.067
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9330.873+0.060
TTM1.0000.906+0.094
YOY1.0930.876+0.217
5Y0.9410.940+0.001
10Y1.0080.977+0.031

2. Market Valuation of Taiwan Cement Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every NT$1 in earnings Taiwan Cement Corp generates.

  • Above 15 is considered overpriced but always compare Taiwan Cement Corp to the Building Materials industry mean.
  • A PE ratio of 36.41 means the investor is paying NT$36.41 for every NT$1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Taiwan Cement Corp:

  • The EOD is 33.593. Based on the earnings, the company is overpriced. -1
  • The MRQ is 36.414. Based on the earnings, the company is overpriced. -1
  • The TTM is 32.635. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD33.593MRQ36.414-2.821
MRQ36.414TTM32.635+3.780
TTM32.635YOY-101.754+134.389
TTM32.6355Y-2.660+35.294
5Y-2.66010Y31.191-33.851
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD33.59312.718+20.875
MRQ36.41411.994+24.420
TTM32.63511.824+20.811
YOY-101.7549.413-111.167
5Y-2.66014.142-16.802
10Y31.19118.671+12.520
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Taiwan Cement Corp:

  • The EOD is 10.692. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 11.590. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.949. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD10.692MRQ11.590-0.898
MRQ11.590TTM3.949+7.641
TTM3.949YOY-19.160+23.109
TTM3.9495Y-1.078+5.028
5Y-1.07810Y9.409-10.487
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD10.6926.689+4.003
MRQ11.5906.759+4.831
TTM3.9495.318-1.369
YOY-19.1602.802-21.962
5Y-1.0784.712-5.790
10Y9.4094.367+5.042
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Taiwan Cement Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Building Materials industry mean).
  • A PB ratio of 1.03 means the investor is paying NT$1.03 for each NT$1 in book value.

Let's take a look of the Price to Book Ratio trends of Taiwan Cement Corp:

  • The EOD is 0.954. Based on the equity, the company is cheap. +2
  • The MRQ is 1.034. Based on the equity, the company is underpriced. +1
  • The TTM is 1.105. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.954MRQ1.034-0.080
MRQ1.034TTM1.105-0.071
TTM1.105YOY1.365-0.260
TTM1.1055Y1.575-0.470
5Y1.57510Y2.010-0.436
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD0.9541.246-0.292
MRQ1.0341.113-0.079
TTM1.1051.106-0.001
YOY1.3651.361+0.004
5Y1.5751.371+0.204
10Y2.0101.515+0.495
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Taiwan Cement Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2180.519+135%0.419+191%0.375+225%0.333+266%
Book Value Per Share--33.71332.313+4%30.363+11%29.453+14%25.201+34%
Current Ratio--2.1101.935+9%2.105+0%1.818+16%1.235+71%
Debt To Asset Ratio--0.4590.477-4%0.499-8%0.462-1%0.455+1%
Debt To Equity Ratio--0.9331.000-7%1.093-15%0.941-1%1.008-7%
Dividend Per Share----0%0.288-100%0.385-100%0.445-100%
Eps--0.2390.313-24%0.168+43%0.553-57%0.448-47%
Free Cash Flow Per Share--0.7520.236+218%-0.603+180%0.169+344%0.661+14%
Free Cash Flow To Equity Per Share--0.752-0.090+112%-0.403+154%0.270+178%0.773-3%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--16.821--------
Intrinsic Value_10Y_min---28.886--------
Intrinsic Value_1Y_max--2.510--------
Intrinsic Value_1Y_min---0.920--------
Intrinsic Value_3Y_max--6.914--------
Intrinsic Value_3Y_min---4.491--------
Intrinsic Value_5Y_max--10.560--------
Intrinsic Value_5Y_min---9.926--------
Market Cap242127438028.800-8%262461624115.200268392428390.400-2%312136534488.269-16%345307202724.311-24%364456734191.678-28%
Net Profit Margin--0.0640.073-13%0.045+41%0.143-56%0.118-46%
Operating Margin---0.030-100%0.004-100%0.172-100%0.127-100%
Operating Ratio--1.6561.723-4%1.915-13%1.615+3%1.360+22%
Pb Ratio0.954-8%1.0341.105-6%1.365-24%1.575-34%2.010-49%
Pe Ratio33.593-8%36.41432.635+12%-101.754+379%-2.660+107%31.191+17%
Price Per Share32.150-8%34.85035.638-2%41.446-16%45.850-24%48.393-28%
Price To Free Cash Flow Ratio10.692-8%11.5903.949+193%-19.160+265%-1.078+109%9.409+23%
Price To Total Gains Ratio26.391-8%28.60838.009-25%14.735+94%7.097+303%37.433-24%
Quick Ratio--0.7560.716+6%0.721+5%0.668+13%0.571+32%
Return On Assets--0.0040.004-11%0.003+30%0.011-64%0.010-60%
Return On Equity--0.0080.009-14%0.006+22%0.021-63%0.021-62%
Total Gains Per Share--1.2180.519+135%0.707+72%0.760+60%0.777+57%
Usd Book Value--7947102583.3007617074233.025+4%7157237286.400+11%6942818506.575+14%5940512894.243+34%
Usd Book Value Change Per Share--0.0380.016+135%0.013+191%0.012+225%0.010+266%
Usd Book Value Per Share--1.0551.011+4%0.950+11%0.922+14%0.789+34%
Usd Dividend Per Share----0%0.009-100%0.012-100%0.014-100%
Usd Eps--0.0070.010-24%0.005+43%0.017-57%0.014-47%
Usd Free Cash Flow--177196624.20055645069.575+218%-142250260.275+180%39937604.340+344%155917664.283+14%
Usd Free Cash Flow Per Share--0.0240.007+218%-0.019+180%0.005+344%0.021+14%
Usd Free Cash Flow To Equity Per Share--0.024-0.003+112%-0.013+154%0.008+178%0.024-3%
Usd Market Cap7578588810.301-8%8215048834.8068400683008.620-2%9769873529.483-16%10808115445.271-24%11407495780.200-28%
Usd Price Per Share1.006-8%1.0911.115-2%1.297-16%1.435-24%1.515-28%
Usd Profit--56399720.40062582894.550-10%42293999.800+33%129847352.010-57%105408956.008-46%
Usd Revenue--887288362.300855384671.375+4%891499949.4500%888036955.0100%854431955.715+4%
Usd Total Gains Per Share--0.0380.016+135%0.022+72%0.024+60%0.024+57%
 EOD+4 -4MRQTTM+20 -13YOY+26 -95Y+19 -1610Y+16 -19

3.2. Fundamental Score

Let's check the fundamental score of Taiwan Cement Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1533.593
Price to Book Ratio (EOD)Between0-10.954
Net Profit Margin (MRQ)Greater than00.064
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.756
Current Ratio (MRQ)Greater than12.110
Debt to Asset Ratio (MRQ)Less than10.459
Debt to Equity Ratio (MRQ)Less than10.933
Return on Equity (MRQ)Greater than0.150.008
Return on Assets (MRQ)Greater than0.050.004
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Taiwan Cement Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.685
Ma 20Greater thanMa 5031.710
Ma 50Greater thanMa 10032.190
Ma 100Greater thanMa 20033.047
OpenGreater thanClose31.700
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TWD. All numbers in thousands.

Summary
Total Assets469,438,522
Total Liabilities215,537,481
Total Stockholder Equity230,933,254
 As reported
Total Liabilities 215,537,481
Total Stockholder Equity+ 230,933,254
Total Assets = 469,438,522

Assets

Total Assets469,438,522
Total Current Assets153,113,300
Long-term Assets316,325,222
Total Current Assets
Cash And Cash Equivalents 66,366,622
Short-term Investments 41,937,509
Net Receivables 12,925,910
Inventory 11,494,015
Other Current Assets 680,407
Total Current Assets  (as reported)153,113,300
Total Current Assets  (calculated)133,404,463
+/- 19,708,837
Long-term Assets
Property Plant Equipment 148,247,144
Long-term Assets Other 2,285,886
Long-term Assets  (as reported)316,325,222
Long-term Assets  (calculated)150,533,030
+/- 165,792,192

Liabilities & Shareholders' Equity

Total Current Liabilities72,581,236
Long-term Liabilities142,956,245
Total Stockholder Equity230,933,254
Total Current Liabilities
Short Long Term Debt 36,895,130
Accounts payable 12,815,863
Other Current Liabilities 582,578
Total Current Liabilities  (as reported)72,581,236
Total Current Liabilities  (calculated)50,293,571
+/- 22,287,665
Long-term Liabilities
Long term Debt 119,182,086
Capital Lease Obligations Min Short Term Debt4,234,372
Long-term Liabilities Other 1,893,406
Long-term Liabilities  (as reported)142,956,245
Long-term Liabilities  (calculated)125,309,864
+/- 17,646,381
Total Stockholder Equity
Retained Earnings 70,576,781
Total Stockholder Equity (as reported)230,933,254
Total Stockholder Equity (calculated)70,576,781
+/- 160,356,473
Other
Capital Stock77,511,817
Common Stock Shares Outstanding 7,136,182
Net Debt 89,710,594
Net Invested Capital 385,010,470
Net Working Capital 80,532,064
Property Plant and Equipment Gross 148,247,144



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-06-302006-06-302005-12-312005-06-302004-06-302003-12-312003-06-302002-12-312001-12-312001-06-302000-06-30
> Total Assets 
87,589,687
96,775,802
152,903,380
159,636,533
98,320,645
151,274,348
94,074,394
155,862,768
156,448,622
164,592,398
174,638,705
189,894,045
191,254,340
184,895,156
186,867,735
192,921,314
193,901,854
197,579,363
204,741,262
218,351,345
231,264,524
231,744,531
262,071,122
259,505,224
263,138,055
261,295,516
261,894,940
258,548,206
261,212,832
256,408,515
261,430,728
272,835,233
273,644,455
271,992,941
282,680,739
285,762,318
280,613,572
282,622,925
292,743,832
289,782,835
299,879,447
296,748,604
293,066,355
278,830,039
268,777,321
265,077,946
266,988,696
259,545,778
262,152,090
269,457,896
272,557,049
283,088,584
309,902,192
308,369,561
344,085,118
365,525,031
373,146,285
358,422,247
367,482,385
359,238,626
384,500,092
379,406,048
389,506,236
390,072,917
387,805,597
401,380,637
441,684,559
452,838,271
452,274,209
458,733,599
460,808,961
461,648,368
456,341,649
472,917,462
469,438,522
469,438,522472,917,462456,341,649461,648,368460,808,961458,733,599452,274,209452,838,271441,684,559401,380,637387,805,597390,072,917389,506,236379,406,048384,500,092359,238,626367,482,385358,422,247373,146,285365,525,031344,085,118308,369,561309,902,192283,088,584272,557,049269,457,896262,152,090259,545,778266,988,696265,077,946268,777,321278,830,039293,066,355296,748,604299,879,447289,782,835292,743,832282,622,925280,613,572285,762,318282,680,739271,992,941273,644,455272,835,233261,430,728256,408,515261,212,832258,548,206261,894,940261,295,516263,138,055259,505,224262,071,122231,744,531231,264,524218,351,345204,741,262197,579,363193,901,854192,921,314186,867,735184,895,156191,254,340189,894,045174,638,705164,592,398156,448,622155,862,76894,074,394151,274,34898,320,645159,636,533152,903,38096,775,80287,589,687
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
77,884,012
76,640,360
79,333,009
85,320,202
92,719,914
75,261,374
100,887,198
102,799,758
110,380,695
120,649,402
124,156,318
113,084,223
118,145,990
98,082,786
125,133,183
114,553,490
124,309,171
130,708,958
133,913,872
135,301,674
169,353,435
181,032,587
182,214,459
178,596,913
175,624,058
164,832,022
154,071,563
163,318,027
153,113,300
153,113,300163,318,027154,071,563164,832,022175,624,058178,596,913182,214,459181,032,587169,353,435135,301,674133,913,872130,708,958124,309,171114,553,490125,133,18398,082,786118,145,990113,084,223124,156,318120,649,402110,380,695102,799,758100,887,19875,261,37492,719,91485,320,20279,333,00976,640,36077,884,0120000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,179,758
25,012,886
25,529,191
26,608,300
26,331,218
24,192,833
45,981,224
42,980,849
48,507,889
57,474,854
61,818,117
46,970,348
53,572,620
33,747,714
59,005,748
44,312,180
51,433,522
58,958,539
63,835,177
59,958,809
91,121,942
98,040,416
100,497,555
95,367,543
88,842,494
70,957,209
52,738,528
72,510,081
66,366,622
66,366,62272,510,08152,738,52870,957,20988,842,49495,367,543100,497,55598,040,41691,121,94259,958,80963,835,17758,958,53951,433,52244,312,18059,005,74833,747,71453,572,62046,970,34861,818,11757,474,85448,507,88942,980,84945,981,22424,192,83326,331,21826,608,30025,529,19125,012,88628,179,7580000000000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,948,171
18,171,961
18,524,511
20,615,519
26,018,033
1,522,832
1,643,752
2,953,410
2,382,467
11,968,183
12,484,950
12,779,830
12,428,661
18,582,415
21,626,234
17,841,024
21,719,734
15,525,644
14,053,599
21,673,423
22,260,044
27,690,201
24,965,857
24,565,985
27,500,854
37,820,843
48,649,211
37,477,126
41,937,509
41,937,50937,477,12648,649,21137,820,84327,500,85424,565,98524,965,85727,690,20122,260,04421,673,42314,053,59915,525,64421,719,73417,841,02421,626,23418,582,41512,428,66112,779,83012,484,95011,968,1832,382,4672,953,4101,643,7521,522,83226,018,03320,615,51918,524,51118,171,96115,948,1710000000000000000000000000000000000000000000000
       Net Receivables 
3,158,677
4,337,966
5,910,849
7,274,832
6,352,235
7,240,415
5,856,160
8,310,245
7,264,348
8,901,718
9,286,541
7,698,017
9,734,019
9,434,269
8,433,035
9,473,007
10,686,770
12,043,868
10,532,377
11,365,691
13,744,321
14,370,910
15,910,110
17,203,977
20,074,454
20,032,495
19,391,358
19,312,683
19,552,385
20,924,300
21,227,006
20,465,611
21,349,700
27,416,848
27,380,805
24,938,577
26,934,873
28,948,596
30,656,258
24,918,728
24,094,882
21,073,416
21,545,395
16,299,113
18,556,460
17,594,981
20,882,522
20,400,909
21,733,140
23,431,161
28,061,188
28,841,521
33,506,798
36,534,570
39,216,250
8,604,242
8,469,338
9,228,223
41,699,071
33,517,433
33,148,325
40,273,883
40,392,389
33,814,782
33,847,522
37,824,512
37,829,219
35,459,177
32,356,684
35,187,939
37,838,332
13,046,634
31,664,835
14,089,519
12,925,910
12,925,91014,089,51931,664,83513,046,63437,838,33235,187,93932,356,68435,459,17737,829,21937,824,51233,847,52233,814,78240,392,38940,273,88333,148,32533,517,43341,699,0719,228,2238,469,3388,604,24239,216,25036,534,57033,506,79828,841,52128,061,18823,431,16121,733,14020,400,90920,882,52217,594,98118,556,46016,299,11321,545,39521,073,41624,094,88224,918,72830,656,25828,948,59626,934,87324,938,57727,380,80527,416,84821,349,70020,465,61121,227,00620,924,30019,552,38519,312,68319,391,35820,032,49520,074,45417,203,97715,910,11014,370,91013,744,32111,365,69110,532,37712,043,86810,686,7709,473,0078,433,0359,434,2699,734,0197,698,0179,286,5418,901,7187,264,3488,310,2455,856,1607,240,4156,352,2357,274,8325,910,8494,337,9663,158,677
       Inventory 
953,816
1,177,206
3,107,531
0
0
1,979,073
0
4,700,958
3,969,019
4,985,053
6,017,280
0
8,238,292
9,465,206
8,249,535
5,539,320
6,542,629
6,505,156
6,557,981
6,679,971
7,867,475
7,957,196
7,296,613
8,059,799
8,397,472
9,491,947
10,598,551
10,262,283
9,912,026
8,192,966
9,121,692
10,148,150
10,076,004
9,662,029
9,286,227
10,658,127
10,115,835
10,197,101
10,470,879
9,976,103
9,795,623
9,248,095
8,941,127
8,485,209
8,314,191
8,221,800
8,893,965
8,605,274
9,360,034
9,493,855
8,354,522
9,209,460
8,925,428
9,012,327
9,464,303
10,077,503
9,183,065
9,545,675
8,132,977
8,504,002
8,164,930
8,457,184
7,941,755
7,779,906
9,050,183
11,238,700
13,412,511
13,552,203
18,318,975
17,682,787
16,089,980
15,773,232
14,503,585
13,443,179
11,494,015
11,494,01513,443,17914,503,58515,773,23216,089,98017,682,78718,318,97513,552,20313,412,51111,238,7009,050,1837,779,9067,941,7558,457,1848,164,9308,504,0028,132,9779,545,6759,183,06510,077,5039,464,3039,012,3278,925,4289,209,4608,354,5229,493,8559,360,0348,605,2748,893,9658,221,8008,314,1918,485,2098,941,1279,248,0959,795,6239,976,10310,470,87910,197,10110,115,83510,658,1279,286,2279,662,02910,076,00410,148,1509,121,6928,192,9669,912,02610,262,28310,598,5519,491,9478,397,4728,059,7997,296,6137,957,1967,867,4756,679,9716,557,9816,505,1566,542,6295,539,3208,249,5359,465,2068,238,29206,017,2804,985,0533,969,0194,700,95801,979,073003,107,5311,177,206953,816
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
244,875,629
248,989,967
245,338,024
249,336,395
261,155,840
259,366,909
264,852,558
265,197,065
259,363,959
253,891,725
266,078,963
272,331,124
271,805,684
270,059,750
280,136,686
285,184,903
296,816,346
302,270,086
309,599,435
316,325,222
316,325,222309,599,435302,270,086296,816,346285,184,903280,136,686270,059,750271,805,684272,331,124266,078,963253,891,725259,363,959265,197,065264,852,558259,366,909261,155,840249,336,395245,338,024248,989,967244,875,6290000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
46,921,770
49,802,922
100,333,396
99,266,648
47,810,881
97,123,566
45,596,305
102,738,996
103,112,732
102,322,543
102,662,082
115,141,508
118,922,194
122,109,732
125,049,038
127,230,295
127,053,361
126,684,548
128,828,473
128,527,240
140,405,174
139,443,206
139,757,877
140,342,510
140,256,833
144,415,561
146,486,489
144,824,317
144,337,599
141,865,687
140,870,704
111,042,032
110,739,317
109,851,867
109,369,671
108,111,081
106,252,824
106,972,592
108,445,563
110,651,850
116,103,732
116,584,284
113,310,134
110,936,901
107,998,519
104,145,693
101,799,766
97,239,324
96,760,640
96,681,868
94,709,404
95,243,836
93,704,491
91,303,900
91,093,825
101,262,368
104,966,631
103,517,983
102,615,605
101,612,177
101,173,405
101,840,194
105,560,097
101,061,520
101,909,329
108,828,667
113,188,816
118,661,220
122,644,370
137,067,245
139,901,805
146,888,177
150,536,629
152,110,639
148,247,144
148,247,144152,110,639150,536,629146,888,177139,901,805137,067,245122,644,370118,661,220113,188,816108,828,667101,909,329101,061,520105,560,097101,840,194101,173,405101,612,177102,615,605103,517,983104,966,631101,262,36891,093,82591,303,90093,704,49195,243,83694,709,40496,681,86896,760,64097,239,324101,799,766104,145,693107,998,519110,936,901113,310,134116,584,284116,103,732110,651,850108,445,563106,972,592106,252,824108,111,081109,369,671109,851,867110,739,317111,042,032140,870,704141,865,687144,337,599144,824,317146,486,489144,415,561140,256,833140,342,510139,757,877139,443,206140,405,174128,527,240128,828,473126,684,548127,053,361127,230,295125,049,038122,109,732118,922,194115,141,508102,662,082102,322,543103,112,732102,738,99645,596,30597,123,56647,810,88199,266,648100,333,39649,802,92246,921,770
       Goodwill 
0
0
6,511
0
0
655,809
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,794,486
9,955,965
9,855,316
10,216,925
10,225,554
10,057,160
10,268,668
10,533,126
10,700,834
12,503,619
13,422,582
13,134,936
13,000,931
12,714,414
12,297,403
12,191,933
11,623,520
11,799,835
12,025,570
11,876,957
12,061,057
11,988,769
11,557,101
11,832,345
12,140,146
11,981,981
11,535,424
11,447,510
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000011,447,51011,535,42411,981,98112,140,14611,832,34511,557,10111,988,76912,061,05711,876,95712,025,57011,799,83511,623,52012,191,93312,297,40312,714,41413,000,93113,134,93613,422,58212,503,61910,700,83410,533,12610,268,66810,057,16010,225,55410,216,9259,855,3169,955,9659,794,4860000000000000000000000000655,809006,51100
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,225,538
12,181,758
12,640,445
13,979,187
11,979,458
39,078,126
42,632,981
43,669,083
72,040,143
78,416,909
79,601,992
78,983,081
83,752,209
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000083,752,20978,983,08179,601,99278,416,90972,040,14343,669,08342,632,98139,078,12611,979,45813,979,18712,640,44512,181,75812,225,5380000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
6,511
905,970
690,697
655,809
598,604
338,911
0
0
128,221
3,081,599
3,051,752
3,135,557
3,256,627
3,365,888
3,195,029
3,110,456
3,140,160
3,135,481
13,557,105
13,297,939
12,575,826
12,635,760
12,501,264
13,200,241
13,671,350
14,322,955
14,540,574
14,417,383
14,427,212
25,673,295
26,213,856
25,875,325
19,495,931
19,439,255
19,155,139
19,321,443
19,542,637
19,879,896
21,768,685
22,935,744
22,607,552
22,341,314
21,978,037
21,389,833
21,175,282
20,413,613
20,527,954
20,695,038
20,852,624
21,011,468
8,848,573
8,683,090
8,595,007
8,558,106
8,470,213
8,358,802
8,208,608
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000008,208,6088,358,8028,470,2138,558,1068,595,0078,683,0908,848,57321,011,46820,852,62420,695,03820,527,95420,413,61321,175,28221,389,83321,978,03722,341,31422,607,55222,935,74421,768,68519,879,89619,542,63719,321,44319,155,13919,439,25519,495,93125,875,32526,213,85625,673,29514,427,21214,417,38314,540,57414,322,95513,671,35013,200,24112,501,26412,635,76012,575,82613,297,93913,557,1053,135,4813,140,1603,110,4563,195,0293,365,8883,256,6273,135,5573,051,7523,081,599128,22100338,911598,604655,809690,697905,9706,51100
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,101,739
3,045,487
2,974,516
2,325,545
1,474,197
1,452,262
1,662,531
2,135,411
1,141,797
1,032,438
2,418,287
2,032,773
2,073,636
2,724,700
2,931,447
2,939,435
3,063,639
2,977,844
2,857,337
2,285,886
2,285,8862,857,3372,977,8443,063,6392,939,4352,931,4472,724,7002,073,6362,032,7732,418,2871,032,4381,141,7972,135,4111,662,5311,452,2621,474,1972,325,5452,974,5163,045,4873,101,7390000000000000000000000000000000000000000000000000000000
> Total Liabilities 
47,426,432
56,242,792
100,869,417
102,013,920
50,183,862
93,010,703
44,384,481
92,570,623
90,294,753
94,690,185
90,209,484
88,985,432
98,311,704
96,253,109
96,618,938
99,947,792
100,913,049
100,185,164
103,627,452
116,193,841
128,901,156
122,144,083
137,543,201
130,777,073
136,936,815
136,104,647
132,574,591
127,084,287
137,633,263
129,284,449
129,687,128
127,469,535
134,437,287
126,796,585
129,062,162
127,507,218
133,117,207
129,211,890
130,726,151
127,563,378
148,913,590
139,109,225
137,582,103
124,079,771
122,004,578
119,620,042
119,592,025
111,997,457
116,786,687
116,491,327
119,909,833
117,326,714
143,685,050
122,718,236
146,705,662
155,369,070
174,886,160
160,022,335
159,020,518
151,900,503
188,038,858
171,832,451
170,676,183
164,442,903
157,277,019
180,459,948
216,029,886
217,080,516
233,315,278
237,063,153
222,533,181
221,567,334
221,622,198
228,190,971
215,537,481
215,537,481228,190,971221,622,198221,567,334222,533,181237,063,153233,315,278217,080,516216,029,886180,459,948157,277,019164,442,903170,676,183171,832,451188,038,858151,900,503159,020,518160,022,335174,886,160155,369,070146,705,662122,718,236143,685,050117,326,714119,909,833116,491,327116,786,687111,997,457119,592,025119,620,042122,004,578124,079,771137,582,103139,109,225148,913,590127,563,378130,726,151129,211,890133,117,207127,507,218129,062,162126,796,585134,437,287127,469,535129,687,128129,284,449137,633,263127,084,287132,574,591136,104,647136,936,815130,777,073137,543,201122,144,083128,901,156116,193,841103,627,452100,185,164100,913,04999,947,79296,618,93896,253,10998,311,70488,985,43290,209,48494,690,18590,294,75392,570,62344,384,48193,010,70350,183,862102,013,920100,869,41756,242,79247,426,432
   > Total Current Liabilities 
6,455,177
7,669,507
16,941,490
19,997,906
15,664,652
20,257,107
8,483,325
22,400,691
23,901,768
25,756,967
32,902,837
29,783,960
42,792,997
39,599,056
39,174,857
38,714,520
40,125,808
38,700,606
50,754,424
46,716,890
57,452,958
47,121,768
60,121,542
55,758,562
64,627,951
59,441,445
62,253,658
60,355,404
70,606,269
61,349,504
66,985,408
65,913,019
68,971,246
73,733,391
70,398,494
74,388,787
81,190,613
78,920,574
68,632,044
69,579,858
78,918,446
70,796,103
68,083,832
64,818,835
58,857,466
61,983,521
55,104,919
55,787,736
63,839,647
65,268,003
65,192,960
53,357,480
65,772,816
62,799,418
64,503,844
76,865,453
82,156,400
69,707,934
66,532,743
64,175,520
85,597,499
70,382,185
72,103,708
74,652,169
71,317,037
73,505,341
88,687,968
109,658,131
86,861,356
76,481,831
75,209,411
74,340,055
91,552,014
94,338,554
72,581,236
72,581,23694,338,55491,552,01474,340,05575,209,41176,481,83186,861,356109,658,13188,687,96873,505,34171,317,03774,652,16972,103,70870,382,18585,597,49964,175,52066,532,74369,707,93482,156,40076,865,45364,503,84462,799,41865,772,81653,357,48065,192,96065,268,00363,839,64755,787,73655,104,91961,983,52158,857,46664,818,83568,083,83270,796,10378,918,44669,579,85868,632,04478,920,57481,190,61374,388,78770,398,49473,733,39168,971,24665,913,01966,985,40861,349,50470,606,26960,355,40462,253,65859,441,44564,627,95155,758,56260,121,54247,121,76857,452,95846,716,89050,754,42438,700,60640,125,80838,714,52039,174,85739,599,05642,792,99729,783,96032,902,83725,756,96723,901,76822,400,6918,483,32520,257,10715,664,65219,997,90616,941,4907,669,5076,455,177
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
88,062,851
81,697,096
81,007,243
12,176,652
13,910,242
8,754,600
6,571,931
9,302,047
1,923,945
41,487,334
31,628,291
43,640,734
37,944,584
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000037,944,58443,640,73431,628,29141,487,3341,923,9459,302,0476,571,9318,754,60013,910,24212,176,65281,007,24381,697,09688,062,8510000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
88,062,851
81,697,096
81,007,243
12,176,652
13,910,242
8,754,600
6,571,931
9,302,047
1,923,945
41,487,334
31,628,291
43,640,734
37,944,584
40,160,122
42,288,393
40,851,767
40,922,483
39,586,499
38,343,900
42,539,096
55,209,560
72,949,418
52,485,599
48,758,348
46,994,612
41,900,677
55,566,279
60,375,690
36,895,130
36,895,13060,375,69055,566,27941,900,67746,994,61248,758,34852,485,59972,949,41855,209,56042,539,09638,343,90039,586,49940,922,48340,851,76742,288,39340,160,12237,944,58443,640,73431,628,29141,487,3341,923,9459,302,0476,571,9318,754,60013,910,24212,176,65281,007,24381,697,09688,062,8510000000000000000000000000000000000000000000000
       Accounts payable 
1,172,640
1,647,464
2,422,095
2,821,404
1,391,504
2,214,432
1,417,457
1,835,937
2,669,571
3,959,022
4,736,232
4,671,560
5,783,558
6,938,857
3,811,665
5,267,931
5,325,060
7,432,352
5,940,364
7,581,468
9,443,148
8,395,726
9,650,878
10,725,165
12,074,515
13,169,047
10,210,985
9,117,087
9,872,294
8,735,816
7,880,074
9,061,722
9,952,911
8,374,696
8,428,309
9,774,367
8,812,275
8,668,752
7,267,782
6,927,581
8,810,661
7,021,456
7,081,053
5,982,644
6,804,530
6,650,515
7,899,677
7,345,583
7,466,214
8,041,997
7,789,179
7,601,638
9,369,569
7,961,973
7,808,921
7,844,113
8,445,658
8,208,655
7,427,013
7,037,205
7,282,218
6,462,908
6,137,904
6,461,632
7,329,827
8,274,800
10,023,071
11,279,929
13,304,491
13,906,734
13,691,411
14,355,988
11,952,741
11,238,347
12,815,863
12,815,86311,238,34711,952,74114,355,98813,691,41113,906,73413,304,49111,279,92910,023,0718,274,8007,329,8276,461,6326,137,9046,462,9087,282,2187,037,2057,427,0138,208,6558,445,6587,844,1137,808,9217,961,9739,369,5697,601,6387,789,1798,041,9977,466,2147,345,5837,899,6776,650,5156,804,5305,982,6447,081,0537,021,4568,810,6616,927,5817,267,7828,668,7528,812,2759,774,3678,428,3098,374,6969,952,9119,061,7227,880,0748,735,8169,872,2949,117,08710,210,98513,169,04712,074,51510,725,1659,650,8788,395,7269,443,1487,581,4685,940,3647,432,3525,325,0605,267,9313,811,6656,938,8575,783,5584,671,5604,736,2323,959,0222,669,5711,835,9371,417,4572,214,4321,391,5042,821,4042,422,0951,647,4641,172,640
       Other Current Liabilities 
2,146,673
1,938,679
3,475,866
3,583,161
2,635,076
3,763,301
3,282,242
7,621,504
4,844,178
8,995,440
11,077,902
6,044,468
13,718,442
6,087,383
5,972,338
7,155,751
10,208,334
7,288,496
6,117,748
6,614,640
16,494,067
8,951,270
8,832,956
10,464,479
19,185,156
11,144,947
11,287,154
10,599,712
17,397,408
10,448,232
13,201,121
14,348,051
20,030,780
13,788,199
14,687,592
12,877,379
22,889,923
13,562,847
13,670,957
12,747,156
24,214,827
12,950,426
13,383,994
11,811,212
15,981,894
11,752,903
12,484,450
11,886,348
17,313,907
12,736,026
15,188,010
14,696,323
21,012,518
13,617,706
14,606,886
132,850
138,365
121,619
15,729,946
13,264,816
29,117,084
13,920,517
15,262,433
20,208,067
17,431,584
11,040,794
12,094,387
9,668,479
16,247,952
10,266,933
10,040,532
16,936,099
19,827,417
496,902
582,578
582,578496,90219,827,41716,936,09910,040,53210,266,93316,247,9529,668,47912,094,38711,040,79417,431,58420,208,06715,262,43313,920,51729,117,08413,264,81615,729,946121,619138,365132,85014,606,88613,617,70621,012,51814,696,32315,188,01012,736,02617,313,90711,886,34812,484,45011,752,90315,981,89411,811,21213,383,99412,950,42624,214,82712,747,15613,670,95713,562,84722,889,92312,877,37914,687,59213,788,19920,030,78014,348,05113,201,12110,448,23217,397,40810,599,71211,287,15411,144,94719,185,15610,464,4798,832,9568,951,27016,494,0676,614,6406,117,7487,288,49610,208,3347,155,7515,972,3386,087,38313,718,4426,044,46811,077,9028,995,4404,844,1787,621,5043,282,2423,763,3012,635,0763,583,1613,475,8661,938,6792,146,673
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
78,503,617
92,729,760
90,314,401
92,487,775
87,724,983
102,441,359
101,450,266
98,572,475
89,790,734
85,959,982
106,954,607
127,341,918
107,422,385
146,453,922
160,581,322
147,323,770
147,227,279
130,070,184
133,852,417
142,956,245
142,956,245133,852,417130,070,184147,227,279147,323,770160,581,322146,453,922107,422,385127,341,918106,954,60785,959,98289,790,73498,572,475101,450,266102,441,35987,724,98392,487,77590,314,40192,729,76078,503,6170000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
11,304,098
8,228,052
7,343,676
8,028,105
7,111,342
8,808,325
8,543,873
7,382,525
6,118,626
57,582,688
6,144,887
55,393,144
56,203,116
59,967,376
6,150,951
60,132,169
52,127,289
68,051,337
6,824,978
7,401,827
6,226,397
6,186,597
6,002,553
5,921,430
5,947,362
5,898,326
5,911,254
5,839,514
6,063,510
898,847
1,771,698
1,596,705
1,641,695
1,623,847
603,956
1,651,592
1,557,981
1,479,314
1,388,031
1,303,434
1,243,517
1,188,320
1,077,120
1,005,814
931,080
863,406
757,299
694,942
824,129
753,452
11,895,427
11,886,692
12,315,272
12,068,701
12,134,852
12,124,430
12,360,190
12,403,320
12,404,901
12,397,456
12,706,936
12,613,105
12,624,030
12,658,515
13,177,760
13,430,097
13,604,822
13,603,419
13,781,823
12,460,280
14,172,739
0
0
0014,172,73912,460,28013,781,82313,603,41913,604,82213,430,09713,177,76012,658,51512,624,03012,613,10512,706,93612,397,45612,404,90112,403,32012,360,19012,124,43012,134,85212,068,70112,315,27211,886,69211,895,427753,452824,129694,942757,299863,406931,0801,005,8141,077,1201,188,3201,243,5171,303,4341,388,0311,479,3141,557,9811,651,592603,9561,623,8471,641,6951,596,7051,771,698898,8476,063,5105,839,5145,911,2545,898,3265,947,3625,921,4306,002,5536,186,5976,226,3977,401,8276,824,97868,051,33752,127,28960,132,1696,150,95159,967,37656,203,11655,393,1446,144,88757,582,6886,118,6267,382,5258,543,8738,808,3257,111,3428,028,1057,343,6768,228,05211,304,09800
> Total Stockholder Equity
40,163,255
40,533,010
44,010,197
48,046,279
48,136,783
48,887,732
49,689,913
53,490,131
56,420,387
60,572,538
73,460,212
80,806,769
74,787,898
70,086,351
72,039,207
74,194,094
73,647,720
76,908,298
79,110,100
80,490,399
75,440,458
81,590,558
94,921,071
99,898,730
97,049,414
93,778,556
96,783,845
98,827,509
92,774,878
96,132,868
99,809,517
107,872,920
101,767,224
106,629,255
113,077,945
117,094,940
107,880,371
111,500,190
117,958,870
118,307,697
109,626,077
109,456,232
108,042,985
107,709,460
102,334,404
105,176,028
106,768,051
107,761,597
106,172,209
112,222,222
136,348,204
149,537,942
151,269,705
170,123,138
181,541,510
194,131,739
184,006,415
183,691,380
193,684,068
192,194,758
183,053,121
193,402,598
204,071,817
210,710,051
216,931,994
201,714,807
204,477,333
214,796,763
200,422,354
201,413,996
217,894,766
220,077,058
214,284,220
222,398,369
230,933,254
230,933,254222,398,369214,284,220220,077,058217,894,766201,413,996200,422,354214,796,763204,477,333201,714,807216,931,994210,710,051204,071,817193,402,598183,053,121192,194,758193,684,068183,691,380184,006,415194,131,739181,541,510170,123,138151,269,705149,537,942136,348,204112,222,222106,172,209107,761,597106,768,051105,176,028102,334,404107,709,460108,042,985109,456,232109,626,077118,307,697117,958,870111,500,190107,880,371117,094,940113,077,945106,629,255101,767,224107,872,92099,809,51796,132,86892,774,87898,827,50996,783,84593,778,55697,049,41499,898,73094,921,07181,590,55875,440,45880,490,39979,110,10076,908,29873,647,72074,194,09472,039,20770,086,35174,787,89880,806,76973,460,21260,572,53856,420,38753,490,13149,689,91348,887,73248,136,78348,046,27944,010,19740,533,01040,163,255
   Common Stock
21,965,000
23,722,200
24,433,866
24,922,543
24,922,543
25,463,964
25,463,964
26,457,644
28,278,865
30,174,388
32,073,511
32,486,372
32,486,372
32,921,759
32,921,759
32,921,759
32,921,759
32,921,759
32,921,759
32,921,759
32,921,759
32,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
36,921,759
42,465,090
42,465,090
42,465,090
51,080,599
53,080,599
53,080,599
51,080,599
54,656,192
54,656,192
54,656,192
54,656,192
57,414,007
57,414,007
58,956,456
59,574,403
61,235,800
61,252,340
61,252,340
61,252,340
67,361,817
71,561,817
0
71,561,817
0
0
0071,561,817071,561,81767,361,81761,252,34061,252,34061,252,34061,235,80059,574,40358,956,45657,414,00757,414,00754,656,19254,656,19254,656,19254,656,19251,080,59953,080,59953,080,59951,080,59942,465,09042,465,09042,465,09036,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75936,921,75932,921,75932,921,75932,921,75932,921,75932,921,75932,921,75932,921,75932,921,75932,921,75932,486,37232,486,37232,073,51130,174,38828,278,86526,457,64425,463,96425,463,96424,922,54324,922,54324,433,86623,722,20021,965,000
   Retained Earnings 
809,608
0
488,834
1,374,092
2,002,789
3,053,133
2,380,628
5,563,653
6,276,412
2,577,808
4,988,071
10,324,639
5,287,149
5,951,037
7,066,151
7,248,641
4,280,855
7,019,505
9,568,883
10,493,838
5,737,653
8,296,469
10,931,835
12,251,892
6,794,970
9,365,400
11,364,176
12,832,215
7,421,349
9,489,526
11,221,882
45,521,147
41,075,425
44,506,049
47,265,512
49,098,651
43,802,392
47,018,226
49,530,227
50,339,005
43,388,616
44,337,361
45,573,057
45,794,052
42,887,203
45,208,495
47,337,524
48,169,768
44,965,824
46,932,681
49,019,510
51,870,788
48,333,975
54,267,913
61,588,761
65,540,562
52,320,440
58,857,987
65,626,033
68,725,701
59,939,096
67,411,710
74,199,518
77,166,710
85,987,152
68,643,905
73,939,852
75,140,220
62,765,381
64,275,022
66,527,594
67,934,698
67,560,364
68,806,743
70,576,781
70,576,78168,806,74367,560,36467,934,69866,527,59464,275,02262,765,38175,140,22073,939,85268,643,90585,987,15277,166,71074,199,51867,411,71059,939,09668,725,70165,626,03358,857,98752,320,44065,540,56261,588,76154,267,91348,333,97551,870,78849,019,51046,932,68144,965,82448,169,76847,337,52445,208,49542,887,20345,794,05245,573,05744,337,36143,388,61650,339,00549,530,22747,018,22643,802,39249,098,65147,265,51244,506,04941,075,42545,521,14711,221,8829,489,5267,421,34912,832,21511,364,1769,365,4006,794,97012,251,89210,931,8358,296,4695,737,65310,493,8389,568,8837,019,5054,280,8557,248,6417,066,1515,951,0375,287,14910,324,6394,988,0712,577,8086,276,4125,563,6532,380,6283,053,1332,002,7891,374,092488,8340809,608
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000-218,166-218,166-218,16600000000000000000000000000000000000000000-8,840-113,868-113,868-113,868-113,868-113,868-113,868-132,35300
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,974,606
9,135,908
10,750,464
14,831,885
19,124,539
29,549,421
34,578,976
26,446,314
19,038,454
27,556,827
30,974,151
20,220,735
23,734,855
19,145,877
18,937,600
19,439,117
21,835,533
21,067,111
14,382,495
14,836,706
10,920,014
20,037,610
17,802,655
11,131,654
11,991,090
0
7,884,583
0
0
007,884,583011,991,09011,131,65417,802,65520,037,61010,920,01414,836,70614,382,49521,067,11121,835,53319,439,11718,937,60019,145,87723,734,85520,220,73530,974,15127,556,82719,038,45426,446,31434,578,97629,549,42119,124,53914,831,88510,750,4649,135,9088,974,6060000000000000000000000000000000000000000000000



Balance Sheet

Currency in TWD. All numbers in thousands.




Cash Flow

Currency in TWD. All numbers in thousands.




Income Statement

Currency in TWD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue109,314,335
Cost of Revenue-88,780,566
Gross Profit20,533,76920,533,769
 
Operating Income (+$)
Gross Profit20,533,769
Operating Expense-99,284,175
Operating Income10,030,160-78,750,406
 
Operating Expense (+$)
Research Development1,440,310
Selling General Administrative9,063,299
Selling And Marketing Expenses0
Operating Expense99,284,17510,503,609
 
Net Interest Income (+$)
Interest Income3,402,888
Interest Expense-3,542,684
Other Finance Cost-0
Net Interest Income-139,796
 
Pretax Income (+$)
Operating Income10,030,160
Net Interest Income-139,796
Other Non-Operating Income Expenses0
Income Before Tax (EBT)14,356,83110,030,160
EBIT - interestExpense = -3,542,684
7,997,814
11,540,498
Interest Expense3,542,684
Earnings Before Interest and Taxes (EBIT)017,899,515
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax14,356,831
Tax Provision-4,352,218
Net Income From Continuing Ops10,004,61310,004,613
Net Income7,997,814
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0139,796
 

Technical Analysis of Taiwan Cement Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Taiwan Cement Corp. The general trend of Taiwan Cement Corp is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Taiwan Cement Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Taiwan Cement Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 32.15 < 32.80 < 32.80.

The bearish price targets are: 30.80 > 29.80.

Tweet this
Taiwan Cement Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Taiwan Cement Corp. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Taiwan Cement Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Taiwan Cement Corp. The current macd is -0.17967199.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Taiwan Cement Corp price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Taiwan Cement Corp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Taiwan Cement Corp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Taiwan Cement Corp Daily Moving Average Convergence/Divergence (MACD) ChartTaiwan Cement Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Taiwan Cement Corp. The current adx is 14.82.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Taiwan Cement Corp shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Taiwan Cement Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Taiwan Cement Corp. The current sar is 30.84.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Taiwan Cement Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Taiwan Cement Corp. The current rsi is 54.69. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Taiwan Cement Corp Daily Relative Strength Index (RSI) ChartTaiwan Cement Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Taiwan Cement Corp. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Taiwan Cement Corp price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Taiwan Cement Corp Daily Stochastic Oscillator ChartTaiwan Cement Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Taiwan Cement Corp. The current cci is 72.31.

Taiwan Cement Corp Daily Commodity Channel Index (CCI) ChartTaiwan Cement Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Taiwan Cement Corp. The current cmo is 21.92.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Taiwan Cement Corp Daily Chande Momentum Oscillator (CMO) ChartTaiwan Cement Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Taiwan Cement Corp. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Taiwan Cement Corp Daily Williams %R ChartTaiwan Cement Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Taiwan Cement Corp.

Taiwan Cement Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Taiwan Cement Corp. The current atr is 0.40934099.

Taiwan Cement Corp Daily Average True Range (ATR) ChartTaiwan Cement Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Taiwan Cement Corp. The current obv is -989,220,172.

Taiwan Cement Corp Daily On-Balance Volume (OBV) ChartTaiwan Cement Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Taiwan Cement Corp. The current mfi is 52.08.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Taiwan Cement Corp Daily Money Flow Index (MFI) ChartTaiwan Cement Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Taiwan Cement Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Taiwan Cement Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Taiwan Cement Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.685
Ma 20Greater thanMa 5031.710
Ma 50Greater thanMa 10032.190
Ma 100Greater thanMa 20033.047
OpenGreater thanClose31.700
Total1/5 (20.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Taiwan Cement Corp with someone you think should read this too:
  • Are you bullish or bearish on Taiwan Cement Corp? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Taiwan Cement Corp? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Taiwan Cement Corp

I send you an email if I find something interesting about Taiwan Cement Corp.


Comments

How you think about this?

Leave a comment

Stay informed about Taiwan Cement Corp.

Receive notifications about Taiwan Cement Corp in your mailbox!