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Stock Screener·Taiwan·Basic Materials·2103.TW
Share

TSRC Corporation Stocks

NT$ 22.85Last Updated 13.11.2026

Issuer Rating

5/7
Performance

Favourable

Risk

Limited

Recommendation

Hold

Market Cap

NT$ 580.88M

NT$ 22.85
Key Takeaways

Risk factor

Resilient to price shocks

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Data is available to registered users only

Profitability factor

Undervalued vs peers

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

TSRC Corporation, established in Kaohsiung, Taiwan, in 1973, operates internationally as a manufacturer, importer, and distributor of various synthetic rubber products and related materials. Its global footprint spans Taiwan, other parts of Asia, North America, and Europe. The company's product portfolio encompasses several types of rubber, each tailored for specific applications: ESBR rubber is extensively used in automotive tires, shoe outsoles, conveyor systems, military tracks (for caterpillars and tow trucks), sporting goods, and toys. SSBR rubber is formulated for modern tires, including energy-saving, high-performance, and all-season variants. BR rubber serves to modify plastics, particularly High Impact Polystyrene (HIPS), and is a component in high-speed radial tires. NBR rubber is critical for industrial applications such as oil hoses and seals, rollers, industrial gaskets, belts, shoe soles, rubber-plastic foam sheets, and conveyor belts. Furthermore, TSRC offers various copolymers, including styrene-butadiene-styrene, styrene-isoprene-styrene, and styrene-ethylene/butylene-styrene. Its T-BLEND applied materials are utilized in advanced footwear components, foam production, soft-touch and gel products, and overmolding processes. The company was formerly known as Taiwan Synthetic Rubber Corporation until it rebranded as TSRC Corporation in August 1999.

Company Valuation

Undervalued
6/7

Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
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  • Other risks
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