Shiny Chemical Industrial Co Ltd
TWSE:1773

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Shiny Chemical Industrial Co Ltd
TWSE:1773
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Price: 142.5 TWD Market Closed
Market Cap: NT$42.8B

Gross Margin

34.6%
Current
Improving
by 2.2%
vs 3-y average of 32.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
34.6%
=
Gross Profit
NT$4B
/
Revenue
NT$11.5B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
34.6%
=
Gross Profit
NT$4B
/
Revenue
NT$11.5B

Peer Comparison

Country Company Market Cap Gross
Margin
TW
Shiny Chemical Industrial Co Ltd
TWSE:1773
42.8B TWD
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US
Sherwin-Williams Co
NYSE:SHW
78.2B USD
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US
Ecolab Inc
NYSE:ECL
74B USD
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JP
Shin-Etsu Chemical Co Ltd
TSE:4063
11.7T JPY
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JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY
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CN
Wanhua Chemical Group Co Ltd
SSE:600309
252.3B CNY
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CH
Givaudan SA
SIX:GIVN
24.9B CHF
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DK
Novozymes A/S
CSE:NZYM B
165.6B DKK
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US
PPG Industries Inc
NYSE:PPG
23.2B USD
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CH
Sika AG
F:SIKA
19.9B EUR
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IN
Asian Paints Ltd
NSE:ASIANPAINT
2.1T INR
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Market Distribution

Higher than 75% of companies in Taiwan
Percentile
75th
Based on 1 022 companies
75th percentile
34.6%
Low
-197.7% — 13.7%
Typical Range
13.7% — 31.4%
High
31.4% — 400.8%
Distribution Statistics
Taiwan
Min -197.7%
30th Percentile 13.7%
Median 22.1%
70th Percentile 31.4%
Max 400.8%

Shiny Chemical Industrial Co Ltd
Glance View

Market Cap
42.8B TWD
Industry
Chemicals

In the bustling industrial landscape of Taiwan, Shiny Chemical Industrial Co Ltd has carved out a niche, emerging as a distinguished player in the realm of chemical production. Founded in the late 1970s, this company began its journey with a vision to harness the growth potential of specialized chemicals. Initially, it focused on developing high-purity solvents, essential components in various industrial applications. Over the years, Shiny Chemical expanded its reach and expertise into new domains such as semiconductor-grade chemicals, catering to the burgeoning electronics industry. This strategic diversification allowed the company to ride the wave of technological advancements, strengthening its foothold in both regional and international markets. Shiny Chemical's business model centers around leveraging precision engineering to manufacture high-quality chemical products tailored to the meticulous standards of its clients in industries ranging from pharmaceuticals to electronics. Its revenue streams are largely fueled by long-term contracts with key players in these sectors, ensuring a steady and growing demand for its offerings. The company places a strong emphasis on innovation, continually investing in research and development to stay ahead of industry trends. By maintaining robust relationships with its clients and adhering to strict quality controls, Shiny Chemical not only sustains its profitability but also contributes significantly to the advancement of technology through its specialized chemical solutions.

Intrinsic Value
161.15 TWD
Undervaluation 12%
Intrinsic Value
Price NT$142.5
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
34.6%
=
Gross Profit
NT$4B
/
Revenue
NT$11.5B
What is Shiny Chemical Industrial Co Ltd's current Gross Margin?

The current Gross Margin for Shiny Chemical Industrial Co Ltd is 34.6%, which is above its 3-year median of 32.4%.

How has Gross Margin changed over time?

Over the last 3 years, Shiny Chemical Industrial Co Ltd’s Gross Margin has increased from 29.8% to 34.6%. During this period, it reached a low of 29.8% on Dec 31, 2022 and a high of 34.6% on Jan 1, 2026.

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