Risk factor
Very poor trading liquidity
Profitability factor
Overvalued vs peers
About
Shinkong Textile Co., Ltd. specializes in the manufacturing and global distribution of diverse cotton and CVC yarns, synthetic fibers, and completed fabrics. Its business activities are channeled through three main divisions: Marketing, Retail, and Real Estate. Within its synthetic fiber offerings, the company provides services such as digital printing, fabric dyeing, and the production of reflective yarn, flannel, and bi-stretch fabrics. It also manufactures knitted materials for base layers, mid layers, and outerwear, as well as a range of wool textile items. Additionally, Shinkong Textile Co., Ltd. extends its operations to include the import and retail of clothing, alongside the leasing and sale of both commercial properties and public housing. Established in 1955, the company's main office is situated in Taipei, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is 'cheap' on P/E, overvalued on EV/EBITDA, overpri