Risk factor
Very poor trading liquidity
Profitability factor
Solid dividends
About
Tah Hsin Industrial Corporation, based in Taichung, Taiwan, functions as a diversified manufacturer and supplier of a wide array of products. The company specializes in the production and distribution of protective rain gear, a comprehensive range of apparel, specialized corrugated board solutions, and office machinery. Its waterproof apparel range encompasses raincoats designed for diverse users such as motorcyclists, police personnel, children, and outdoor enthusiasts engaged in fishing, mountaineering, sports, sailing, and golf. The firm also offers rain-resistant footwear tailored for various environments including markets, factories, students, office workers, and mountaineers. In terms of clothing, Tah Hsin provides athletic casual wear, general wardrobe items, bags, seasonal uniforms for students, workwear for educational institutions and corporate employee groups, alongside suits, sports suits, windbreaker jackets, and everyday casual attire. Complementing these are TC garments, leather accessories, handbags, file folders, plastic film, and carrier bags. The company's polypropylene (PP) corrugated boards serve numerous applications, including display boards, stationery components, recycling receptacles, protective packaging, moisture-resistant base panels, and hygiene partitions. Furthermore, Tah Hsin supplies essential office equipment like punching and binding machines, and laminators. Initially established in 1958 as Tah Hsin Plastics Co., Ltd., the company adopted its current name, Tah Hsin Industrial Corporation, in 1970. Its products are actively exported to various international markets.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overpriced on P/FC.