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Taiwanese (TAIEX) Textiles Industry Analysis

UpdatedMay 15, 2024
DataAggregated Company Financials
Companies53
  • 7D1.4%
  • 3M2.5%
  • 1Y6.9%
  • YTDn/a

Over the last 7 days, the Textiles industry has dropped 1.1%, driven by declines in Tainan Spinning and Eclat Textile of 10% and 2.1%, respectively. On the other hand Ruentex Industries is actually up 9.3%. This takes the industry's 12 month performance to a gain of 5.2%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the Taiwanese Textiles Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 May 2024NT$467.4bNT$233.4bNT$20.9b30.4x22.3x2x
Fri, 12 Apr 2024NT$458.3bNT$232.8bNT$19.3b31.3x23.8x2x
Sun, 10 Mar 2024NT$460.3bNT$234.1bNT$15.8b30.6x29.2x2x
Tue, 06 Feb 2024NT$449.8bNT$234.1bNT$12.1b32.4x37.3x1.9x
Thu, 04 Jan 2024NT$460.4bNT$234.9bNT$12.1b32.6x38.1x2x
Sat, 02 Dec 2023NT$476.8bNT$234.9bNT$12.1b33.9x39.4x2x
Mon, 30 Oct 2023NT$430.4bNT$246.3bNT$15.1b32x28.6x1.7x
Wed, 27 Sep 2023NT$429.2bNT$246.3bNT$15.1b32.8x28.5x1.7x
Fri, 25 Aug 2023NT$427.6bNT$246.7bNT$15.2b32.7x28.2x1.7x
Sun, 23 Jul 2023NT$448.7bNT$264.6bNT$21.2b34.1x21.1x1.7x
Tue, 20 Jun 2023NT$447.4bNT$267.0bNT$22.1b36.7x20.3x1.7x
Thu, 18 May 2023NT$434.9bNT$273.8bNT$31.0b19.2x14x1.6x
Sat, 15 Apr 2023NT$448.0bNT$278.8bNT$31.9b19.8x14x1.6x
Mon, 13 Mar 2023NT$447.6bNT$284.7bNT$39.9b16.6x11.2x1.6x
Wed, 08 Feb 2023NT$449.8bNT$287.5bNT$41.2b14.8x10.9x1.6x
Fri, 06 Jan 2023NT$437.2bNT$287.5bNT$41.2b14.8x10.6x1.5x
Sun, 04 Dec 2022NT$436.9bNT$287.7bNT$41.1b14.2x10.6x1.5x
Tue, 01 Nov 2022NT$397.9bNT$280.7bNT$38.0b15.4x10.5x1.4x
Thu, 29 Sep 2022NT$375.6bNT$280.7bNT$38.0b15.2x9.9x1.3x
Sat, 27 Aug 2022NT$420.9bNT$280.7bNT$37.9b15.9x11.1x1.5x
Mon, 25 Jul 2022NT$400.3bNT$275.0bNT$35.0b12.6x11.4x1.5x
Wed, 22 Jun 2022NT$433.7bNT$275.0bNT$34.9b13.7x12.4x1.6x
Fri, 20 May 2022NT$429.4bNT$274.4bNT$33.9b13.3x12.7x1.6x
Sun, 17 Apr 2022NT$463.1bNT$267.3bNT$35.9b16.5x12.9x1.7x
Tue, 15 Mar 2022NT$453.0bNT$263.5bNT$34.5b17.7x13.1x1.7x
Thu, 10 Feb 2022NT$510.9bNT$259.8bNT$35.1b22x14.6x2x
Sat, 08 Jan 2022NT$516.9bNT$259.8bNT$35.1b22.1x14.7x2x
Mon, 06 Dec 2021NT$498.4bNT$259.8bNT$35.1b20.5x14.2x1.9x
Wed, 03 Nov 2021NT$513.5bNT$252.4bNT$35.6b13.9x14.4x2x
Fri, 01 Oct 2021NT$515.9bNT$252.2bNT$35.6b17.1x14.5x2x
Sun, 29 Aug 2021NT$475.3bNT$252.2bNT$35.6b16.4x13.3x1.9x
Mon, 05 Jul 2021NT$538.6bNT$252.2bNT$35.6b16.9x15.1x2.1x
Price to Earnings Ratio

17.7x


Total Market Cap: NT$521.6bTotal Earnings: NT$29.5bTotal Revenue: NT$225.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Textiles Industry Price to Earnings3Y Average 18.2x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Textiles industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.1x which is higher than its 3-year average PE of 18.2x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Textiles industry have declined 11% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Taiwanese Textiles compare with similar industries?

TW Market1.33%
Consumer Discretionary0.62%
Luxury1.15%
Textiles1.38%
Apparel, Accessories and Luxury Goods1.11%
Footwear0.82%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2915 Ruentex IndustriesNT$73.2016.9%
+NT$11.3b		31.9%PE10.4x
1434 Formosa TaffetaNT$23.653.5%
+NT$1.3b		-15.1%PE73.4x
9938 Taiwan PaihoNT$67.006.7%
+NT$1.3b		22.0%PE25.6x
1447 Li Peng EnterpriseNT$8.8410.2%
+NT$691.3m		12.9%PS0.3x
1444 Lealea EnterpriseNT$9.854.2%
+NT$393.9m		-2.4%PS1.2x
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Latest News

2915

NT$73.20

Ruentex Industries

7D

16.9%

1Y

31.9%

1455

NT$13.85

Zig Sheng Industrial

7D

-3.8%

1Y

33.2%

6504

NT$74.40

Nan Liu Enterprise

7D

4.1%

1Y

-11.5%

9938

NT$67.00

Taiwan Paiho

7D

6.7%

1Y

22.0%

4439

NT$105.00

TST Group Holding

7D

-2.3%

1Y

-15.3%

1440

NT$17.00

Tainan Spinning

7D

-6.1%

1Y

4.0%

1457

NT$21.85

Yi Jinn Industrial

7D

-4.2%

1Y

16.8%

1434

NT$23.65

Formosa Taffeta

7D

3.5%

1Y

-15.1%

1419

NT$47.65

Shinkong TextileLtd

7D

-3.4%

1Y

14.0%

1453

NT$22.70

Ta Jiang

7D

-15.5%

1Y

54.8%

1476

NT$490.00

Eclat Textile

7D

-0.1%

1Y

2.2%

1444

NT$9.85

Lealea Enterprise

7D

4.2%

1Y

-2.4%

1447

NT$8.84

Li Peng Enterprise

7D

10.2%

1Y

12.9%

1423

NT$34.75

Reward Wool Industry

7D

8.4%

1Y

7.8%

1446

NT$48.70

Hong Ho Precision TextileLtd

7D

4.1%

1Y

56.1%

1460

NT$8.06

Everest Textile

7D

-1.2%

1Y

0.5%