25 XP   0   0   10

Taiwan Glass Ind Corp
Buy, Hold or Sell?

Let's analyse Taiwan Glass Ind Corp together

PenkeI guess you are interested in Taiwan Glass Ind 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 Glass Ind 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 Glass Ind Corp

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

Quick analysis of Taiwan Glass Ind Corp (30 sec.)










What can you expect buying and holding a share of Taiwan Glass Ind 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?
100.0%

What is your share worth?

Current worth
NT$17.44
Expected worth in 1 year
NT$17.11
How sure are you?
42.5%

+ What do you gain per year?

Total Gains per Share
NT$-0.17
Return On Investment
-1.0%

For what price can you sell your share?

Current Price per Share
NT$17.20
Expected price per share
NT$16.50 - NT$17.65
How sure are you?
50%

1. Valuation of Taiwan Glass Ind Corp (5 min.)




Live pricePrice per Share (EOD)

NT$17.20

Intrinsic Value Per Share

NT$0.53 - NT$66.27

Total Value Per Share

NT$17.97 - NT$83.71

2. Growth of Taiwan Glass Ind Corp (5 min.)




Is Taiwan Glass Ind Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$1.5b$1.7b-$140.5m-8.8%

How much money is Taiwan Glass Ind Corp making?

Current yearPrevious yearGrowGrow %
Making money$270.6k-$5.6m$5.9m2,183.0%
Net Profit Margin-0.4%-1.9%--

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

3. Financial Health of Taiwan Glass Ind Corp (5 min.)




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




  Industry Rankings (Building Materials)  


Richest
#47 / 223

Most Revenue
#71 / 223

Most Profit
#171 / 223

Most Efficient
#178 / 223

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

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

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

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

Speculation

The Price per Share of Taiwan Glass Ind Corp is NT$17.20. 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 Glass Ind 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 Glass Ind 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$17.44. Based on the TTM, the Book Value Change Per Share is NT$-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is NT$-0.53 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$0.04 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Taiwan Glass Ind 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%0.000.0%0.000.0%0.010.0%0.010.0%
Usd Book Value Change Per Share-0.01-0.1%0.000.0%-0.02-0.1%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.010.1%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-0.1%0.000.0%0.000.0%0.010.0%0.000.0%
Usd Price Per Share0.59-0.61-0.64-0.58-0.57-
Price to Earnings Ratio23.41--537.87-3.24--96.56-15.06-
Price-to-Total Gains Ratio-46.00--40.75--2.86--8.73--3.21-
Price to Book Ratio1.09-1.12-1.07-1.07-1.07-
Price-to-Total Gains Ratio-46.00--40.75--2.86--8.73--3.21-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.53836
Number of shares1857
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.01
Gains per Quarter (1857 shares)-2.5010.52
Gains per Year (1857 shares)-10.0042.07
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19-19-20301232
218-38-30602474
327-57-409036116
436-76-5012148158
545-95-6015160200
654-114-7018171242
763-133-8021183284
872-152-9024195326
981-171-100271107368
1090-190-110302119410

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 Share2.02.00.050.0%8.04.00.066.7%12.08.00.060.0%21.010.09.052.5%34.010.020.053.1%
Book Value Change Per Share1.03.00.025.0%6.06.00.050.0%9.011.00.045.0%16.024.00.040.0%30.034.00.046.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%56.00.08.087.5%
Total Gains per Share1.03.00.025.0%7.05.00.058.3%10.010.00.050.0%17.023.00.042.5%33.031.00.051.6%

Fundamentals of Taiwan Glass Ind Corp

About Taiwan Glass Ind Corp

Taiwan Glass Ind. Corp. manufactures, processes, and sells various glass products in Taiwan and internationally. The company provides flat glass, including float glass and processed glass; auto glass; ultra-thin glass; photoelectric glass, such as photovoltaic cover glass; and fiber glass comprising glass fiber and fabrics. It also offers liquor, wine and beer, food jar, pepper, spice, sauce, oil and vinegar, soft drink, juice and milk, pharmaceutical, and cobalt blue containers; tableware, including bowls and plates, water tumblers, wine glasses, mugs, storage jars and boxes, ashtrays, candleholders, and others; and kitchenware, such as tea pots, pitchers, bubble balls, storage jars, coffee pots, and glass covers. The company was incorporated in 1964 and is headquartered in Taipei, Taiwan.

Fundamental data was last updated by Penke on 2024-03-25 11:46:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
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 inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 very 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 expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Taiwan Glass Ind Corp.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Taiwan Glass Ind Corp to the Building Materials industry mean.
  • A Net Profit Margin of 4.9% means that NT$0.05 for each NT$1 in revenue is generated as profit.

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

  • The MRQ is 4.9%. The company is making a profit. +1
  • The TTM is -0.4%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ4.9%TTM-0.4%+5.3%
TTM-0.4%YOY-1.9%+1.6%
TTM-0.4%5Y3.5%-3.9%
5Y3.5%10Y2.8%+0.7%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%5.7%-0.8%
TTM-0.4%5.7%-6.1%
YOY-1.9%6.4%-8.3%
5Y3.5%5.7%-2.2%
10Y2.8%5.8%-3.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Taiwan Glass Ind Corp to the Building Materials industry mean.
  • 0.7% Return on Assets means that Taiwan Glass Ind Corp generated NT$0.01 profit for each $1 in assets.

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

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.0%+0.6%
TTM0.0%YOY-0.2%+0.2%
TTM0.0%5Y0.6%-0.6%
5Y0.6%10Y0.4%+0.2%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%1.6%-0.9%
TTM0.0%1.5%-1.5%
YOY-0.2%1.6%-1.8%
5Y0.6%1.7%-1.1%
10Y0.4%1.8%-1.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Taiwan Glass Ind Corp to the Building Materials industry mean.
  • 1.2% Return on Equity means Taiwan Glass Ind 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 Glass Ind Corp:

  • The MRQ is 1.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM0.0%+1.2%
TTM0.0%YOY-0.5%+0.5%
TTM0.0%5Y1.2%-1.2%
5Y1.2%10Y0.8%+0.3%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%2.6%-1.4%
TTM0.0%2.7%-2.7%
YOY-0.5%3.0%-3.5%
5Y1.2%3.1%-1.9%
10Y0.8%3.1%-2.3%

1.2. Operating Efficiency of Taiwan Glass Ind Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Taiwan Glass Ind Corp is operating .

  • Measures how much profit Taiwan Glass Ind 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 Glass Ind 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 Glass Ind Corp:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.1%-0.1%
TTM0.1%YOY-2.0%+2.1%
TTM0.1%5Y8.3%-8.2%
5Y8.3%10Y5.4%+3.0%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.5%-9.5%
TTM0.1%5.9%-5.8%
YOY-2.0%10.7%-12.7%
5Y8.3%10.0%-1.7%
10Y5.4%8.4%-3.0%
1.2.2. Operating Ratio

Measures how efficient Taiwan Glass Ind Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Materials industry mean).
  • An Operation Ratio of 1.81 means that the operating costs are NT$1.81 for each NT$1 in net sales.

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

  • The MRQ is 1.814. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.918. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.814TTM1.918-0.104
TTM1.918YOY1.922-0.004
TTM1.9185Y1.816+0.102
5Y1.81610Y1.506+0.310
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8141.536+0.278
TTM1.9181.530+0.388
YOY1.9221.390+0.532
5Y1.8161.325+0.491
10Y1.5061.151+0.355

1.3. Liquidity of Taiwan Glass Ind Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Taiwan Glass Ind 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 1.36 means the company has NT$1.36 in assets for each NT$1 in short-term debts.

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

  • The MRQ is 1.356. The company is just able to pay all its short-term debts.
  • The TTM is 1.215. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.356TTM1.215+0.141
TTM1.215YOY1.547-0.332
TTM1.2155Y1.267-0.052
5Y1.26710Y0.870+0.396
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3561.502-0.146
TTM1.2151.485-0.270
YOY1.5471.493+0.054
5Y1.2671.550-0.283
10Y0.8701.380-0.510
1.3.2. Quick Ratio

Measures if Taiwan Glass Ind 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 Glass Ind Corp to the Building Materials industry mean.
  • A Quick Ratio of 0.33 means the company can pay off NT$0.33 for each NT$1 in debt (using most liquid assets).

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

  • The MRQ is 0.330. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.338. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.330TTM0.338-0.008
TTM0.338YOY0.722-0.384
TTM0.3385Y0.521-0.183
5Y0.52110Y0.422+0.100
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3300.734-0.404
TTM0.3380.744-0.406
YOY0.7220.783-0.061
5Y0.5210.822-0.301
10Y0.4220.803-0.381

1.4. Solvency of Taiwan Glass Ind Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Taiwan Glass Ind Corp to Building Materials industry mean.
  • A Debt to Asset Ratio of 0.44 means that Taiwan Glass Ind Corp assets are financed with 44.0% credit (debt) and the remaining percentage (100% - 44.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.440. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.445. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.440TTM0.445-0.005
TTM0.445YOY0.447-0.003
TTM0.4455Y0.465-0.021
5Y0.46510Y0.468-0.003
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4400.443-0.003
TTM0.4450.4450.000
YOY0.4470.453-0.006
5Y0.4650.461+0.004
10Y0.4680.462+0.006
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Taiwan Glass Ind Corp to the Building Materials industry mean.
  • A Debt to Equity ratio of 83.6% means that company has NT$0.84 debt for each NT$1 in shareholders equity.

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

  • The MRQ is 0.836. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.854. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.836TTM0.854-0.018
TTM0.854YOY0.868-0.014
TTM0.8545Y0.938-0.084
5Y0.93810Y0.957-0.019
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8360.873-0.037
TTM0.8540.906-0.052
YOY0.8680.876-0.008
5Y0.9380.940-0.002
10Y0.9570.977-0.020

2. Market Valuation of Taiwan Glass Ind 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 Glass Ind Corp generates.

  • Above 15 is considered overpriced but always compare Taiwan Glass Ind Corp to the Building Materials industry mean.
  • A PE ratio of 23.41 means the investor is paying NT$23.41 for every NT$1 in earnings.

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

  • The EOD is 21.250. Based on the earnings, the company is fair priced.
  • The MRQ is 23.412. Based on the earnings, the company is fair priced.
  • The TTM is -537.870. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD21.250MRQ23.412-2.162
MRQ23.412TTM-537.870+561.282
TTM-537.870YOY3.237-541.107
TTM-537.8705Y-96.560-441.309
5Y-96.56010Y15.057-111.617
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD21.25012.718+8.532
MRQ23.41211.994+11.418
TTM-537.87011.824-549.694
YOY3.2379.413-6.176
5Y-96.56014.142-110.702
10Y15.05718.671-3.614
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 8.198. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.032. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -60.805. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD8.198MRQ9.032-0.834
MRQ9.032TTM-60.805+69.838
TTM-60.805YOY-210.228+149.423
TTM-60.8055Y-53.930-6.875
5Y-53.93010Y-21.567-32.363
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD8.1986.689+1.509
MRQ9.0326.759+2.273
TTM-60.8055.318-66.123
YOY-210.2282.802-213.030
5Y-53.9304.712-58.642
10Y-21.5674.367-25.934
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Taiwan Glass Ind 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 1.09 means the investor is paying NT$1.09 for each NT$1 in book value.

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

  • The EOD is 0.986. Based on the equity, the company is cheap. +2
  • The MRQ is 1.087. Based on the equity, the company is underpriced. +1
  • The TTM is 1.115. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.986MRQ1.087-0.100
MRQ1.087TTM1.115-0.028
TTM1.115YOY1.072+0.043
TTM1.1155Y1.070+0.045
5Y1.07010Y1.0700.000
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD0.9861.246-0.260
MRQ1.0871.113-0.026
TTM1.1151.106+0.009
YOY1.0721.361-0.289
5Y1.0701.371-0.301
10Y1.0701.515-0.445
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Taiwan Glass Ind 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---0.412-0.082-80%-0.526+28%0.051-905%0.000-100%
Book Value Per Share--17.43817.4680%19.012-8%17.027+2%16.830+4%
Current Ratio--1.3561.215+12%1.547-12%1.267+7%0.870+56%
Debt To Asset Ratio--0.4400.445-1%0.447-2%0.465-6%0.468-6%
Debt To Equity Ratio--0.8360.854-2%0.868-4%0.938-11%0.957-13%
Dividend Per Share--0.0000.039-100%0.411-100%0.130-100%0.082-100%
Eps--0.2020.075+170%-0.062+131%0.247-18%0.164+23%
Free Cash Flow Per Share--0.5240.015+3420%0.205+156%0.162+225%0.145+262%
Free Cash Flow To Equity Per Share--0.524-0.119+123%-0.239+146%-0.059+111%0.103+410%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.775+29%
Intrinsic Value_10Y_max--66.270--------
Intrinsic Value_10Y_min--0.528--------
Intrinsic Value_1Y_max--1.834--------
Intrinsic Value_1Y_min--0.494--------
Intrinsic Value_3Y_max--9.173--------
Intrinsic Value_3Y_min--1.110--------
Intrinsic Value_5Y_max--20.929--------
Intrinsic Value_5Y_min--1.313--------
Market Cap50018630348.800-10%55107755950.00056634487975.000-3%59433496687.500-7%53987520444.250+2%53061434805.988+4%
Net Profit Margin--0.049-0.004+107%-0.019+139%0.035+39%0.028+74%
Operating Margin---0.001-100%-0.0200%0.083-100%0.054-100%
Operating Ratio--1.8141.918-5%1.922-6%1.8160%1.506+20%
Pb Ratio0.986-10%1.0871.115-3%1.072+1%1.070+2%1.070+2%
Pe Ratio21.250-10%23.412-537.870+2397%3.237+623%-96.560+512%15.057+55%
Price Per Share17.200-10%18.95019.475-3%20.438-7%18.565+2%18.228+4%
Price To Free Cash Flow Ratio8.198-10%9.032-60.805+773%-210.228+2427%-53.930+697%-21.567+339%
Price To Total Gains Ratio-41.749+9%-45.997-40.745-11%-2.858-94%-8.728-81%-3.214-93%
Quick Ratio--0.3300.338-2%0.722-54%0.521-37%0.422-22%
Return On Assets--0.0070.000+5778%-0.002+131%0.006+7%0.004+50%
Return On Equity--0.0120.000+7083%-0.005+137%0.012+5%0.008+47%
Total Gains Per Share---0.412-0.043-90%-0.114-72%0.181-328%0.082-605%
Usd Book Value--1587241216.6001590009349.4750%1730522960.550-8%1549859570.260+2%1533618281.960+3%
Usd Book Value Change Per Share---0.013-0.003-80%-0.016+28%0.002-905%0.000-100%
Usd Book Value Per Share--0.5460.5470%0.595-8%0.533+2%0.527+4%
Usd Dividend Per Share--0.0000.001-100%0.013-100%0.004-100%0.003-100%
Usd Eps--0.0060.002+170%-0.002+131%0.008-18%0.005+23%
Usd Free Cash Flow--47741107.5001356377.675+3420%18628249.775+156%14705819.850+225%13226818.948+261%
Usd Free Cash Flow Per Share--0.0160.000+3420%0.006+156%0.005+225%0.005+262%
Usd Free Cash Flow To Equity Per Share--0.016-0.004+123%-0.007+146%-0.002+111%0.003+410%
Usd Market Cap1565583129.917-10%1724872761.2351772659473.618-3%1860268446.319-7%1689809389.905+2%1660822909.427+4%
Usd Price Per Share0.538-10%0.5930.610-3%0.640-7%0.581+2%0.571+4%
Usd Profit--18418798.000270698.050+6704%-5638507.200+131%18483851.9200%12959333.843+42%
Usd Revenue--376368195.900356968972.350+5%354378349.600+6%360978081.365+4%350224935.065+7%
Usd Total Gains Per Share---0.013-0.001-90%-0.004-72%0.006-328%0.003-605%
 EOD+5 -3MRQTTM+18 -17YOY+18 -165Y+19 -1610Y+22 -14

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.250
Price to Book Ratio (EOD)Between0-10.986
Net Profit Margin (MRQ)Greater than00.049
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.330
Current Ratio (MRQ)Greater than11.356
Debt to Asset Ratio (MRQ)Less than10.440
Debt to Equity Ratio (MRQ)Less than10.836
Return on Equity (MRQ)Greater than0.150.012
Return on Assets (MRQ)Greater than0.050.007
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.474
Ma 20Greater thanMa 5017.528
Ma 50Greater thanMa 10017.935
Ma 100Greater thanMa 20018.422
OpenGreater thanClose17.250
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets90,477,877
Total Liabilities39,767,295
Total Stockholder Equity47,555,057
 As reported
Total Liabilities 39,767,295
Total Stockholder Equity+ 47,555,057
Total Assets = 90,477,877

Assets

Total Assets90,477,877
Total Current Assets37,395,343
Long-term Assets53,082,534
Total Current Assets
Cash And Cash Equivalents 6,673,522
Short-term Investments 5,141,932
Net Receivables 3,958,954
Inventory 11,244,930
Other Current Assets 4,138
Total Current Assets  (as reported)37,395,343
Total Current Assets  (calculated)27,023,476
+/- 10,371,867
Long-term Assets
Property Plant Equipment 44,199,535
Long-term Assets Other 77,820
Long-term Assets  (as reported)53,082,534
Long-term Assets  (calculated)44,277,355
+/- 8,805,179

Liabilities & Shareholders' Equity

Total Current Liabilities27,580,360
Long-term Liabilities12,186,935
Total Stockholder Equity47,555,057
Total Current Liabilities
Short Long Term Debt 14,313,838
Accounts payable 8,382,629
Other Current Liabilities 118,370
Total Current Liabilities  (as reported)27,580,360
Total Current Liabilities  (calculated)22,814,837
+/- 4,765,523
Long-term Liabilities
Long term Debt 10,190,152
Capital Lease Obligations Min Short Term Debt146,536
Long-term Liabilities Other 170,325
Long-term Liabilities  (as reported)12,186,935
Long-term Liabilities  (calculated)10,507,013
+/- 1,679,922
Total Stockholder Equity
Retained Earnings 7,930,305
Total Stockholder Equity (as reported)47,555,057
Total Stockholder Equity (calculated)7,930,305
+/- 39,624,752
Other
Capital Stock29,080,608
Common Stock Shares Outstanding 2,908,061
Net Debt 17,830,468
Net Invested Capital 72,059,047
Net Working Capital 9,814,983
Property Plant and Equipment Gross 44,199,535



Balance Sheet

Currency in TWD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-06-302006-06-302005-12-312005-06-302003-12-312003-06-302002-12-312002-06-302001-12-312001-06-302000-12-312000-06-30
> Total Assets 
26,727,988
28,956,782
28,647,795
29,166,217
29,005,066
28,761,540
29,137,057
32,849,950
43,889,786
46,713,414
49,562,945
41,056,214
63,021,608
64,767,930
65,226,648
62,747,722
64,022,775
61,547,505
61,117,066
61,602,550
62,259,676
65,100,489
68,033,871
68,745,357
73,626,716
75,004,736
82,646,706
85,187,808
85,707,369
87,181,489
85,173,372
88,047,222
91,819,701
95,201,298
97,380,255
100,937,971
105,468,798
102,566,315
102,655,874
105,970,541
101,799,920
100,060,330
100,211,862
96,029,723
94,248,559
91,399,397
87,271,552
85,683,708
80,993,124
83,299,114
84,002,791
84,026,561
84,910,342
85,842,063
84,692,618
85,068,395
88,827,689
88,907,004
88,465,407
87,324,447
83,837,301
82,745,469
86,398,945
89,929,777
92,079,603
94,830,870
99,139,356
99,455,329
102,599,583
102,179,792
102,275,412
93,030,018
92,013,424
90,285,885
93,097,916
90,477,877
90,477,87793,097,91690,285,88592,013,42493,030,018102,275,412102,179,792102,599,58399,455,32999,139,35694,830,87092,079,60389,929,77786,398,94582,745,46983,837,30187,324,44788,465,40788,907,00488,827,68985,068,39584,692,61885,842,06384,910,34284,026,56184,002,79183,299,11480,993,12485,683,70887,271,55291,399,39794,248,55996,029,723100,211,862100,060,330101,799,920105,970,541102,655,874102,566,315105,468,798100,937,97197,380,25595,201,29891,819,70188,047,22285,173,37287,181,48985,707,36985,187,80882,646,70675,004,73673,626,71668,745,35768,033,87165,100,48962,259,67661,602,55061,117,06661,547,50564,022,77562,747,72265,226,64864,767,93063,021,60841,056,21449,562,94546,713,41443,889,78632,849,95029,137,05728,761,54029,005,06629,166,21728,647,79528,956,78226,727,988
   > 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
0
23,736,248
22,211,838
24,165,045
24,768,734
25,148,319
25,917,538
27,737,724
25,811,184
26,225,853
29,061,049
29,883,746
31,351,030
31,320,135
29,069,574
29,506,347
33,171,575
35,502,486
37,531,419
40,595,799
46,476,672
45,657,837
47,245,241
47,369,106
48,488,175
39,881,845
38,955,073
37,525,041
38,739,486
37,395,343
37,395,34338,739,48637,525,04138,955,07339,881,84548,488,17547,369,10647,245,24145,657,83746,476,67240,595,79937,531,41935,502,48633,171,57529,506,34729,069,57431,320,13531,351,03029,883,74629,061,04926,225,85325,811,18427,737,72425,917,53825,148,31924,768,73424,165,04522,211,83823,736,24800000000000000000000000000000000000000000000000
       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
0
4,833,798
3,887,105
4,686,207
4,843,589
5,115,837
3,951,339
5,131,581
4,319,568
4,707,247
5,021,991
4,243,977
4,525,525
6,245,123
4,451,320
5,753,489
5,899,383
6,708,591
7,106,220
6,915,996
8,376,975
8,173,805
8,176,985
6,839,276
10,955,192
8,374,101
7,631,978
6,448,040
6,491,309
6,673,522
6,673,5226,491,3096,448,0407,631,9788,374,10110,955,1926,839,2768,176,9858,173,8058,376,9756,915,9967,106,2206,708,5915,899,3835,753,4894,451,3206,245,1234,525,5254,243,9775,021,9914,707,2474,319,5685,131,5813,951,3395,115,8374,843,5894,686,2073,887,1054,833,79800000000000000000000000000000000000000000000000
       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
0
0
0
0
0
45,545
311,094
71,355
44,373
30,714
753,034
1,255,083
2,289,974
881,987
1,219,595
1,310,212
2,331,241
2,304,930
3,326,693
5,783,579
7,204,711
8,670,240
9,662,068
11,120,729
6,328,994
4,265,497
3,486,408
3,907,529
4,883,267
5,141,932
5,141,9324,883,2673,907,5293,486,4084,265,4976,328,99411,120,7299,662,0688,670,2407,204,7115,783,5793,326,6932,304,9302,331,2411,310,2121,219,595881,9872,289,9741,255,083753,03430,71444,37371,355311,09445,545000000000000000000000000000000000000000000000000000
       Net Receivables 
2,418,189
2,766,761
2,070,818
2,191,274
2,903,520
2,385,970
2,593,580
2,731,569
2,986,554
3,453,234
3,770,319
3,015,744
4,789,746
5,082,593
5,386,366
3,470,860
4,051,657
4,106,141
5,029,971
4,611,794
5,184,863
6,084,190
5,794,699
4,798,209
5,309,315
5,995,617
5,558,286
4,592,835
5,408,722
5,532,856
4,985,670
4,697,153
5,063,982
5,161,172
5,901,531
7,617,822
7,423,292
7,797,969
8,831,677
9,459,927
8,447,694
7,960,308
8,683,266
8,283,738
7,989,900
8,481,374
9,088,620
9,038,100
8,191,882
8,918,445
9,492,230
9,890,392
9,897,062
10,466,073
10,344,282
10,115,873
4,302,889
4,420,042
4,330,468
13,466,598
11,046,172
10,070,364
13,395,405
16,341,034
16,365,324
17,451,602
18,786,582
17,265,272
15,193,951
14,000,334
11,430,916
12,435,451
3,836,699
13,004,852
4,419,223
3,958,954
3,958,9544,419,22313,004,8523,836,69912,435,45111,430,91614,000,33415,193,95117,265,27218,786,58217,451,60216,365,32416,341,03413,395,40510,070,36411,046,17213,466,5984,330,4684,420,0424,302,88910,115,87310,344,28210,466,0739,897,0629,890,3929,492,2308,918,4458,191,8829,038,1009,088,6208,481,3747,989,9008,283,7388,683,2667,960,3088,447,6949,459,9278,831,6777,797,9697,423,2927,617,8225,901,5315,161,1725,063,9824,697,1534,985,6705,532,8565,408,7224,592,8355,558,2865,995,6175,309,3154,798,2095,794,6996,084,1905,184,8634,611,7945,029,9714,106,1414,051,6573,470,8605,386,3665,082,5934,789,7463,015,7443,770,3193,453,2342,986,5542,731,5692,593,5802,385,9702,903,5202,191,2742,070,8182,766,7612,418,189
       Other Current Assets 
672,096
232,142
849,548
439,061
525,584
339,248
355,093
696,769
4,693,467
837,768
609,586
360,575
9,765,204
2,348,665
1,915,817
888,334
1,735,379
1,312,643
1,420,492
838,744
1,839,340
1,902,483
3,319,204
1,210,177
4,496,463
5,294,181
5,123,172
1,872,227
3,360,059
3,040,165
3,071,551
2,934,139
3,329,031
3,400,706
3,755,375
3,725,515
4,040,662
3,763,353
3,885,303
3,609,508
4,004,696
3,623,916
3,490,616
2,971,763
2,848,099
2,460,681
2,238,581
2,083,007
2,293,737
2,293,507
2,032,172
1,792,472
2,410,695
275,724
260,804
256,745
15,993
6,673
7,113
172,775
98,723
653,035
816,540
777,511
722,735
1,204,641
2,854,504
999,948
1,228,673
1,108,777
4,772,425
876,734
9,706
723,759
7,056
4,138
4,1387,056723,7599,706876,7344,772,4251,108,7771,228,673999,9482,854,5041,204,641722,735777,511816,540653,03598,723172,7757,1136,67315,993256,745260,804275,7242,410,6951,792,4722,032,1722,293,5072,293,7372,083,0072,238,5812,460,6812,848,0992,971,7633,490,6163,623,9164,004,6963,609,5083,885,3033,763,3534,040,6623,725,5153,755,3753,400,7063,329,0312,934,1393,071,5513,040,1653,360,0591,872,2275,123,1725,294,1814,496,4631,210,1773,319,2041,902,4831,839,340838,7441,420,4921,312,6431,735,379888,3341,915,8172,348,6659,765,204360,575609,586837,7684,693,467696,769355,093339,248525,584439,061849,548232,142672,096
   > 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
0
59,766,640
59,023,258
57,114,377
56,004,312
54,767,727
53,239,122
53,227,370
54,427,291
54,548,184
54,235,071
52,662,684
53,797,492
55,354,342
54,810,686
53,787,237
53,148,173
53,058,351
52,760,844
54,358,430
53,082,534
53,082,53454,358,43052,760,84453,058,35153,148,17353,787,23754,810,68655,354,34253,797,49252,662,68454,235,07154,548,18454,427,29153,227,37053,239,12254,767,72756,004,31257,114,37759,023,25859,766,64000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
11,425,547
14,723,569
11,723,692
16,582,363
12,223,243
11,843,213
11,367,984
18,226,148
22,906,901
26,340,863
26,706,283
11,303,569
33,799,593
36,349,263
38,093,076
38,067,114
58,482,574
36,948,836
35,997,864
36,843,941
36,420,439
38,167,740
38,922,429
40,623,689
39,572,705
40,940,353
43,384,577
49,871,629
49,948,519
51,911,369
52,735,333
54,628,849
56,358,308
58,859,305
60,241,778
62,721,601
63,591,556
63,473,246
64,709,549
67,748,488
66,425,047
65,537,934
65,825,010
63,779,354
61,826,200
59,621,702
56,980,233
55,541,081
52,664,407
52,683,406
52,463,971
51,931,352
51,742,308
51,252,961
51,202,014
50,832,520
54,115,102
53,477,619
51,965,496
50,773,878
49,627,551
48,189,705
48,018,121
48,835,729
47,989,986
47,483,011
46,500,149
46,653,008
47,445,131
46,688,073
45,397,668
44,841,247
44,380,697
44,345,788
45,518,051
44,199,535
44,199,53545,518,05144,345,78844,380,69744,841,24745,397,66846,688,07347,445,13146,653,00846,500,14947,483,01147,989,98648,835,72948,018,12148,189,70549,627,55150,773,87851,965,49653,477,61954,115,10250,832,52051,202,01451,252,96151,742,30851,931,35252,463,97152,683,40652,664,40755,541,08156,980,23359,621,70261,826,20063,779,35465,825,01065,537,93466,425,04767,748,48864,709,54963,473,24663,591,55662,721,60160,241,77858,859,30556,358,30854,628,84952,735,33351,911,36949,948,51949,871,62943,384,57740,940,35339,572,70540,623,68938,922,42938,167,74036,420,43936,843,94135,997,86436,948,83658,482,57438,067,11438,093,07636,349,26333,799,59311,303,56926,706,28326,340,86322,906,90118,226,14811,367,98411,843,21312,223,24316,582,36311,723,69214,723,56911,425,547
       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
0
2,696,307
2,692,930
2,990,494
3,061,499
3,295,570
3,503,731
3,157,843
4,055,574
4,399,644
4,937,134
4,867,502
4,471,623
4,489,218
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000004,489,2184,471,6234,867,5024,937,1344,399,6444,055,5743,157,8433,503,7313,295,5703,061,4992,990,4942,692,9302,696,30700000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
843,327
0
925,595
0
707,981
718,494
775,792
981,160
17,597
946,392
951,628
930,671
870,918
1,155,833
1,244,436
1,492,803
1,616,777
1,700,119
1,837,171
2,325,804
2,481,648
2,548,387
2,539,399
2,592,797
125,908
134,211
131,949
80,724
78,902
76,212
75,403
74,617
71,954
125,216
143,169
135,404
161,308
148,637
133,240
123,394
108,904
102,903
96,019
91,080
83,800
80,048
72,902
69,657
67,196
63,222
59,048
54,909
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000054,90959,04863,22267,19669,65772,90280,04883,80091,08096,019102,903108,904123,394133,240148,637161,308135,404143,169125,21671,95474,61775,40376,21278,90280,724131,949134,211125,9082,592,7972,539,3992,548,3872,481,6482,325,8041,837,1711,700,1191,616,7771,492,8031,244,4361,155,833870,918930,671951,628946,39217,597981,160775,792718,494707,9810925,5950843,32700000000
       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
0
51,718
52,182
47,743
64,626
164,050
136,593
104,335
161,297
126,068
70,137
294,411
217,193
240,995
219,897
295,662
210,694
128,527
133,367
128,718
77,820
77,820128,718133,367128,527210,694295,662219,897240,995217,193294,41170,137126,068161,297104,335136,593164,05064,62647,74352,18251,71800000000000000000000000000000000000000000000000000000000
> Total Liabilities 
5,099,937
5,419,547
4,807,507
4,392,177
4,919,519
3,512,867
3,383,080
6,040,687
12,597,933
13,303,439
14,480,045
4,257,173
19,515,429
21,749,185
22,768,467
19,798,232
20,584,851
18,762,082
17,436,979
16,602,298
16,299,161
17,975,661
19,041,691
18,813,080
21,992,489
24,078,835
30,214,932
32,116,516
34,537,384
37,538,807
36,942,311
40,205,100
42,310,472
45,846,725
48,814,418
50,189,819
55,593,219
54,390,237
52,460,611
53,453,734
51,186,265
50,639,295
51,612,000
48,744,186
47,970,161
46,656,279
39,093,794
38,426,383
35,764,632
36,656,645
35,654,483
34,412,599
33,570,108
36,031,137
36,979,825
37,336,030
40,360,974
42,810,339
44,242,992
43,963,236
41,803,537
41,963,056
43,162,587
43,129,580
43,665,066
43,460,325
45,722,244
41,680,834
41,409,518
47,284,361
48,868,865
41,368,967
40,950,089
40,772,426
41,189,209
39,767,295
39,767,29541,189,20940,772,42640,950,08941,368,96748,868,86547,284,36141,409,51841,680,83445,722,24443,460,32543,665,06643,129,58043,162,58741,963,05641,803,53743,963,23644,242,99242,810,33940,360,97437,336,03036,979,82536,031,13733,570,10834,412,59935,654,48336,656,64535,764,63238,426,38339,093,79446,656,27947,970,16148,744,18651,612,00050,639,29551,186,26553,453,73452,460,61154,390,23755,593,21950,189,81948,814,41845,846,72542,310,47240,205,10036,942,31137,538,80734,537,38432,116,51630,214,93224,078,83521,992,48918,813,08019,041,69117,975,66116,299,16116,602,29817,436,97918,762,08220,584,85119,798,23222,768,46721,749,18519,515,4294,257,17314,480,04513,303,43912,597,9336,040,6873,383,0803,512,8674,919,5194,392,1774,807,5075,419,5475,099,937
   > Total Current Liabilities 
2,952,233
3,244,273
2,736,679
2,841,174
3,279,791
1,877,122
2,037,346
3,609,537
6,302,226
7,759,799
6,997,372
2,605,697
10,714,017
14,950,029
13,275,343
12,773,698
13,650,866
12,198,352
11,736,680
11,531,883
11,708,322
13,325,919
14,218,014
13,868,515
14,808,130
15,889,047
12,222,981
13,949,799
15,143,565
17,022,699
16,276,037
20,025,188
20,466,818
24,307,465
31,744,776
32,688,394
33,229,038
34,749,332
31,281,888
32,420,418
32,550,301
32,415,043
36,849,930
32,807,140
35,997,418
35,151,234
28,576,899
25,072,512
24,048,407
24,194,178
23,575,986
21,602,960
23,242,716
25,608,342
24,179,378
23,251,960
24,665,845
26,694,546
29,528,749
29,945,131
29,331,685
29,089,002
28,950,260
30,054,861
31,076,675
31,546,106
34,126,862
26,975,232
24,484,344
31,495,247
32,730,761
31,285,228
32,680,600
32,363,882
33,604,077
27,580,360
27,580,36033,604,07732,363,88232,680,60031,285,22832,730,76131,495,24724,484,34426,975,23234,126,86231,546,10631,076,67530,054,86128,950,26029,089,00229,331,68529,945,13129,528,74926,694,54624,665,84523,251,96024,179,37825,608,34223,242,71621,602,96023,575,98624,194,17824,048,40725,072,51228,576,89935,151,23435,997,41832,807,14036,849,93032,415,04332,550,30132,420,41831,281,88834,749,33233,229,03832,688,39431,744,77624,307,46520,466,81820,025,18816,276,03717,022,69915,143,56513,949,79912,222,98115,889,04714,808,13013,868,51514,218,01413,325,91911,708,32211,531,88311,736,68012,198,35213,650,86612,773,69813,275,34314,950,02910,714,0172,605,6976,997,3727,759,7996,302,2263,609,5372,037,3461,877,1223,279,7912,841,1742,736,6793,244,2732,952,233
       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
0
25,899,292
26,179,143
26,647,104
4,068,042
3,795,329
4,950,521
5,596,017
4,823,319
5,594,435
15,288,087
15,805,023
17,914,575
17,844,285
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000017,844,28517,914,57515,805,02315,288,0875,594,4354,823,3195,596,0174,950,5213,795,3294,068,04226,647,10426,179,14325,899,29200000000000000000000000000000000000000000000000
       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
0
25,899,292
26,179,143
26,647,104
4,068,042
3,795,329
4,950,521
5,596,017
4,823,319
5,594,435
15,288,087
15,805,023
17,914,575
17,844,285
18,039,294
18,217,118
16,644,895
17,431,328
17,637,823
17,297,301
18,533,647
12,598,421
10,290,959
11,707,177
16,234,130
17,660,200
19,391,444
18,525,311
19,753,209
14,313,838
14,313,83819,753,20918,525,31119,391,44417,660,20016,234,13011,707,17710,290,95912,598,42118,533,64717,297,30117,637,82317,431,32816,644,89518,217,11818,039,29417,844,28517,914,57515,805,02315,288,0875,594,4354,823,3195,596,0174,950,5213,795,3294,068,04226,647,10426,179,14325,899,29200000000000000000000000000000000000000000000000
       Accounts payable 
412,206
556,819
600,338
625,363
443,013
790,095
686,647
892,028
2,078,865
1,879,943
2,159,980
898,647
3,247,181
3,380,176
3,428,114
1,929,743
2,367,503
2,063,549
2,252,192
1,743,041
2,474,627
3,081,807
3,458,166
2,534,115
4,313,486
5,219,889
3,832,346
2,784,753
4,038,670
3,997,798
3,887,279
2,868,610
3,438,355
2,773,160
4,602,764
3,139,930
3,983,419
4,302,464
4,410,806
4,865,694
5,548,999
5,430,443
6,157,279
5,029,678
4,959,548
4,659,395
3,754,321
4,173,374
3,591,795
3,582,559
3,164,461
3,527,656
3,669,082
3,834,414
3,554,079
3,094,178
5,182,948
6,291,019
6,671,472
7,082,369
6,366,495
5,899,436
6,593,162
7,520,161
7,622,767
7,935,063
8,345,857
9,410,474
9,828,150
10,132,989
9,399,584
9,670,884
8,438,992
9,733,782
8,758,256
8,382,629
8,382,6298,758,2569,733,7828,438,9929,670,8849,399,58410,132,9899,828,1509,410,4748,345,8577,935,0637,622,7677,520,1616,593,1625,899,4366,366,4957,082,3696,671,4726,291,0195,182,9483,094,1783,554,0793,834,4143,669,0823,527,6563,164,4613,582,5593,591,7954,173,3743,754,3214,659,3954,959,5485,029,6786,157,2795,430,4435,548,9994,865,6944,410,8064,302,4643,983,4193,139,9304,602,7642,773,1603,438,3552,868,6103,887,2793,997,7984,038,6702,784,7533,832,3465,219,8894,313,4862,534,1153,458,1663,081,8072,474,6271,743,0412,252,1922,063,5492,367,5031,929,7433,428,1143,380,1763,247,181898,6472,159,9801,879,9432,078,865892,028686,647790,095443,013625,363600,338556,819412,206
       Other Current Liabilities 
2,540,027
1,424,953
1,221,619
1,787,073
2,797,045
880,195
1,309,663
1,948,992
2,972,444
3,046,592
3,286,934
1,707,050
2,921,397
4,246,366
3,186,304
2,486,591
2,631,486
2,593,045
2,686,177
2,761,954
2,598,306
3,199,297
2,919,274
3,011,160
2,391,539
3,660,359
2,977,635
3,236,631
2,925,236
3,599,283
2,718,184
3,021,547
2,910,062
4,632,594
4,783,755
5,222,116
5,398,785
4,790,177
4,837,578
4,849,392
4,417,010
4,581,786
4,520,804
5,783,472
4,193,321
4,044,009
4,110,345
3,800,421
3,706,712
4,108,412
4,172,860
4,099,537
4,227,553
5,564,130
4,479,090
4,212,796
27,489
22,678
25,075
3,551,215
3,330,365
3,562,203
4,810,517
5,376,077
6,211,380
6,881,224
7,959,098
5,642,431
5,305,006
10,643,364
8,028,704
4,906,865
120,427
4,934,695
131,615
118,370
118,370131,6154,934,695120,4274,906,8658,028,70410,643,3645,305,0065,642,4317,959,0986,881,2246,211,3805,376,0774,810,5173,562,2033,330,3653,551,21525,07522,67827,4894,212,7964,479,0905,564,1304,227,5534,099,5374,172,8604,108,4123,706,7123,800,4214,110,3454,044,0094,193,3215,783,4724,520,8044,581,7864,417,0104,849,3924,837,5784,790,1775,398,7855,222,1164,783,7554,632,5942,910,0623,021,5472,718,1843,599,2832,925,2363,236,6312,977,6353,660,3592,391,5393,011,1602,919,2743,199,2972,598,3062,761,9542,686,1772,593,0452,631,4862,486,5913,186,3044,246,3662,921,3971,707,0503,286,9343,046,5922,972,4441,948,9921,309,663880,1952,797,0451,787,0731,221,6191,424,9532,540,027
   > 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
0
15,695,129
16,115,793
14,714,243
14,018,105
12,471,852
12,874,054
14,212,327
13,074,719
12,588,391
11,914,219
11,595,382
14,705,602
16,925,174
15,789,114
16,138,104
10,083,739
8,269,489
8,408,544
7,585,132
12,186,935
12,186,9357,585,1328,408,5448,269,48910,083,73916,138,10415,789,11416,925,17414,705,60211,595,38211,914,21912,588,39113,074,71914,212,32712,874,05412,471,85214,018,10514,714,24316,115,79315,695,12900000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
1,551,003
0
1,635,745
0
1,277,870
1,697,840
1,631,985
7,431,922
1,651,476
8,801,412
1,233,852
2,571,722
1,413,214
6,933,985
6,563,730
5,700,299
5,070,415
4,590,839
1,519,702
1,451,467
1,355,105
1,696,664
1,407,310
1,560,242
1,700,951
1,580,417
1,656,454
1,786,799
1,869,835
1,207,648
1,283,454
1,270,203
1,558,300
1,601,697
1,433,338
1,543,392
1,889,669
1,611,069
1,601,349
1,600,460
1,949,300
1,727,396
1,681,907
1,786,057
1,927,237
1,659,414
1,668,230
1,902,552
1,630,571
1,631,664
2,196,664
2,088,593
2,536,824
2,558,085
2,452,470
2,503,501
2,526,890
2,433,431
2,303,133
2,414,204
2,117,906
2,165,549
2,103,653
2,082,092
2,060,365
2,077,246
2,016,489
1,973,710
1,969,322
0
1,915,426
0
0
001,915,42601,969,3221,973,7102,016,4892,077,2462,060,3652,082,0922,103,6532,165,5492,117,9062,414,2042,303,1332,433,4312,526,8902,503,5012,452,4702,558,0852,536,8242,088,5932,196,6641,631,6641,630,5711,902,5521,668,2301,659,4141,927,2371,786,0571,681,9071,727,3961,949,3001,600,4601,601,3491,611,0691,889,6691,543,3921,433,3381,601,6971,558,3001,270,2031,283,4541,207,6481,869,8351,786,7991,656,4541,580,4171,700,9511,560,2421,407,3101,696,6641,355,1051,451,4671,519,7024,590,8395,070,4155,700,2996,563,7306,933,9851,413,2142,571,7221,233,8528,801,4121,651,4767,431,9221,631,9851,697,8401,277,87001,635,74501,551,003000
> Total Stockholder Equity
21,628,051
23,271,837
23,840,288
24,487,332
24,085,547
25,248,673
25,753,977
26,518,168
30,109,725
31,941,242
32,843,020
36,799,041
39,198,716
38,540,361
38,026,533
38,594,214
39,059,318
38,491,929
39,560,220
40,870,649
41,741,877
42,783,309
44,486,370
45,522,922
47,065,326
46,308,028
47,674,186
48,452,199
46,712,441
45,272,174
44,061,455
43,740,301
45,419,126
45,214,938
44,517,818
46,560,231
45,774,540
44,263,710
46,246,505
48,500,064
46,734,015
45,658,730
44,948,955
43,856,441
42,980,719
41,414,324
44,984,888
44,096,664
42,259,764
43,433,864
44,822,719
46,039,260
47,614,087
46,130,133
44,201,278
44,245,480
44,955,892
42,689,535
40,965,887
40,164,081
38,925,046
37,930,935
40,242,551
43,807,564
45,338,323
48,145,215
49,973,358
54,044,112
57,270,273
51,355,453
50,092,513
48,438,174
47,869,591
46,422,825
48,669,533
47,555,057
47,555,05748,669,53346,422,82547,869,59148,438,17450,092,51351,355,45357,270,27354,044,11249,973,35848,145,21545,338,32343,807,56440,242,55137,930,93538,925,04640,164,08140,965,88742,689,53544,955,89244,245,48044,201,27846,130,13347,614,08746,039,26044,822,71943,433,86442,259,76444,096,66444,984,88841,414,32442,980,71943,856,44144,948,95545,658,73046,734,01548,500,06446,246,50544,263,71045,774,54046,560,23144,517,81845,214,93845,419,12643,740,30144,061,45545,272,17446,712,44148,452,19947,674,18646,308,02847,065,32645,522,92244,486,37042,783,30941,741,87740,870,64939,560,22038,491,92939,059,31838,594,21438,026,53338,540,36139,198,71636,799,04132,843,02031,941,24230,109,72526,518,16825,753,97725,248,67324,085,54724,487,33223,840,28823,271,83721,628,051
   Common Stock
11,100,000
11,100,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,840,000
15,253,920
15,253,920
15,253,920
16,474,234
18,055,760
18,055,760
19,500,221
19,500,221
19,500,221
19,500,221
20,085,228
20,085,228
20,085,228
20,085,228
20,687,785
20,687,785
20,687,785
20,687,785
22,756,563
22,756,563
22,756,563
22,756,563
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
23,780,608
25,080,608
25,080,608
25,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
29,080,608
0
29,080,608
0
0
0029,080,608029,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60829,080,60825,080,60825,080,60825,080,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60823,780,60822,756,56322,756,56322,756,56322,756,56320,687,78520,687,78520,687,78520,687,78520,085,22820,085,22820,085,22820,085,22819,500,22119,500,22119,500,22119,500,22118,055,76018,055,76016,474,23415,253,92015,253,92015,253,92012,840,00012,000,00012,000,00012,000,00012,000,00012,000,00011,100,00011,100,000
   Retained Earnings 
804,237
2,247,240
1,543,246
2,375,972
1,442,430
2,420,600
1,935,927
2,814,208
4,020,366
5,295,210
5,333,654
5,946,995
6,703,353
5,838,585
5,273,149
5,039,306
4,575,869
3,406,587
3,558,559
4,696,546
5,585,997
6,284,536
7,561,144
8,743,664
9,698,421
9,652,736
8,568,301
8,000,447
7,669,831
5,695,631
4,231,962
3,879,692
21,768,181
20,733,571
20,349,206
21,719,730
20,413,011
19,708,655
20,950,345
21,315,004
20,110,816
19,390,303
17,951,256
16,164,761
15,807,738
15,203,014
14,888,984
14,507,014
14,512,998
14,905,503
15,707,140
16,766,110
17,551,764
16,471,988
16,170,951
15,905,632
4,682,316
2,938,318
2,512,738
13,534,915
12,694,558
12,381,306
13,774,560
16,252,928
18,038,584
21,056,016
23,153,935
26,559,872
27,705,450
23,025,061
21,525,725
20,451,537
7,114,637
19,587,798
7,411,458
7,930,305
7,930,3057,411,45819,587,7987,114,63720,451,53721,525,72523,025,06127,705,45026,559,87223,153,93521,056,01618,038,58416,252,92813,774,56012,381,30612,694,55813,534,9152,512,7382,938,3184,682,31615,905,63216,170,95116,471,98817,551,76416,766,11015,707,14014,905,50314,512,99814,507,01414,888,98415,203,01415,807,73816,164,76117,951,25619,390,30320,110,81621,315,00420,950,34519,708,65520,413,01121,719,73020,349,20620,733,57121,768,1813,879,6924,231,9625,695,6317,669,8318,000,4478,568,3019,652,7369,698,4218,743,6647,561,1446,284,5365,585,9974,696,5463,558,5593,406,5874,575,8695,039,3065,273,1495,838,5856,703,3535,946,9955,333,6545,295,2104,020,3662,814,2081,935,9272,420,6001,442,4302,375,9721,543,2462,247,240804,237
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 00-4,170,7990-3,019,189-2,439,038-2,675,434-1,441,003-3,521,586-4,186,403-3,916,627-3,706,087-3,451,190-4,537,835-5,456,197-4,775,338-4,376,660-3,590,991-2,292,923-1,663,935-2,665,978-2,975,592-1,344,038-939,860-1,729,033-1,840,260-2,469,710-3,252,989-1,409,86800000000000000000000000000000000000000000000000



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 (+$)
totalRevenue45,619,038
Cost of Revenue-41,051,700
Gross Profit4,567,3384,567,338
 
Operating Income (+$)
Gross Profit4,567,338
Operating Expense-45,962,702
Operating Income-343,664-41,395,364
 
Operating Expense (+$)
Research Development1,039,591
Selling General Administrative4,000,100
Selling And Marketing Expenses0
Operating Expense45,962,7025,039,691
 
Net Interest Income (+$)
Interest Income63,626
Interest Expense-641,037
Other Finance Cost-0
Net Interest Income-577,411
 
Pretax Income (+$)
Operating Income-343,664
Net Interest Income-577,411
Other Non-Operating Income Expenses0
Income Before Tax (EBT)286,641-343,664
EBIT - interestExpense = -641,037
34,594
675,631
Interest Expense641,037
Earnings Before Interest and Taxes (EBIT)0927,678
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax286,641
Tax Provision-261,792
Net Income From Continuing Ops24,84924,849
Net Income34,594
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 Net0577,411
 

Technical Analysis of Taiwan Glass Ind 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 Glass Ind Corp. The general trend of Taiwan Glass Ind Corp is BEARISH with 100.0% 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 Glass Ind 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 (-100.0%) Bearish trend (100.0%)
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 Glass Ind Corp.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 17.65 < 17.65 < 17.65.

The bearish price targets are: 16.95 > 16.95 > 16.50.

Tweet this
Taiwan Glass Ind 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 Glass Ind Corp. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below 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 down: The MA 100 is trending down. -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 Glass Ind 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 Glass Ind Corp. The current macd is -0.2463818.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Taiwan Glass Ind Corp price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Taiwan Glass Ind 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 Glass Ind 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 Glass Ind Corp Daily Moving Average Convergence/Divergence (MACD) ChartTaiwan Glass Ind 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 Glass Ind Corp. The current adx is 15.97.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Taiwan Glass Ind Corp shares, leading to potential downward 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 Glass Ind 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 Glass Ind Corp. The current sar is 17.58.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Taiwan Glass Ind 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 Glass Ind Corp. The current rsi is 40.47. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Taiwan Glass Ind Corp Daily Relative Strength Index (RSI) ChartTaiwan Glass Ind 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 Glass Ind Corp. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Taiwan Glass Ind Corp price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Taiwan Glass Ind Corp Daily Stochastic Oscillator ChartTaiwan Glass Ind 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 Glass Ind Corp. The current cci is -74.55664133.

Taiwan Glass Ind Corp Daily Commodity Channel Index (CCI) ChartTaiwan Glass Ind 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 Glass Ind Corp. The current cmo is -19.85117934.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Taiwan Glass Ind Corp Daily Chande Momentum Oscillator (CMO) ChartTaiwan Glass Ind 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 Glass Ind Corp. The current willr is -78.26086957.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Taiwan Glass Ind Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Taiwan Glass Ind Corp Daily Williams %R ChartTaiwan Glass Ind 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 Glass Ind Corp.

Taiwan Glass Ind 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 Glass Ind Corp. The current atr is 0.28593936.

Taiwan Glass Ind Corp Daily Average True Range (ATR) ChartTaiwan Glass Ind 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 Glass Ind Corp. The current obv is -156,031,699.

Taiwan Glass Ind Corp Daily On-Balance Volume (OBV) ChartTaiwan Glass Ind 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 Glass Ind Corp. The current mfi is 27.88.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Taiwan Glass Ind Corp Daily Money Flow Index (MFI) ChartTaiwan Glass Ind Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Taiwan Glass Ind 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 SHORT EXITThe %K line crosses above the %D line.
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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).
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04SAR 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
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
2023-12-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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.
2024-01-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29DMI 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.
2024-01-30DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05SAR 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
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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).
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06DMI 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.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18RSI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Taiwan Glass Ind Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.474
Ma 20Greater thanMa 5017.528
Ma 50Greater thanMa 10017.935
Ma 100Greater thanMa 20018.422
OpenGreater thanClose17.250
Total1/5 (20.0%)
Penke

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

  • Share my analysis of Taiwan Glass Ind Corp with someone you think should read this too:
  • Are you bullish or bearish on Taiwan Glass Ind Corp? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Taiwan Glass Ind 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 Glass Ind Corp

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


Comments

How you think about this?

Leave a comment

Stay informed about Taiwan Glass Ind Corp.

Receive notifications about Taiwan Glass Ind Corp in your mailbox!