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International CSRC Investment Holdings Co., Ltd. (2104.TW)

TWD10.60 +0.20 (+1.92%)
TW TAI Basic Materials Chemicals - Specialty
Address No.113, Zhongshan North Road 104
Taipei, TW
CEO Chia-Wen Lee
IPO 2000-01-04
ISIN TW0002104007

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Description

International CSRC Investment Holdings Co., Ltd. (2104.TW) is a Taiwan-based company that specializes in the global production and distribution of carbon black. This critical material is extensively used in the manufacturing of tires and various other rubber products. Additionally, its carbon black is employed in diverse applications, including pigments, plastics, synthetic fibers, and conductive components. Beyond its core business, the company diversifies its operations by engaging in biotechnology research and development, offering investment and financial advisory services, and manufacturing carbon masterbatch. Established in 1973, the firm was formerly known as China Synthetic Rubber Corporation before officially changing its name to International CSRC Investment Holdings Co., Ltd. in October 2018. Its corporate headquarters are located in Taipei City, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD10.60 +0.20 (+1.92%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.25
Float Shares
781.82M
Free Float %
80.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.51% -6.76% -17.03% -20.73% -2.59% -14.87% -17.73% -50.56% -58.95% -40.41% -18.14%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

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By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
10.60
DCF (Unlevered) 10.48 -1.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.47
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    -15.1% Q1'26: -16.1% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    -52.9% Q1'26: -237.5% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    -12.7% Q1'26: -0.5% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    -14.5% Q1'26: -25.3% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    -8.3% Q1'26: -13.8% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    -0.1% Q1'26: -1.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    -19.92× Q1'26: -7.67× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.27) × ERP
WACC = 38% × Ke + 62% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 10.34 Current price: 10.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Revenue
16.85B
est: 16.71B (+0.8%)
15.89B
est: 15.71B (+1.1%)
20.11B
est: 20.30B (-0.9%)
24.43B
est: 24.52B (-0.4%)
22.27B
est: 24.01B (-7.3%)
17.11B
est: 17.22B (-0.7%)
24.62B
est: 21.95B (+12.2%)
23.37B
est: 24.70B (-5.4%)
17.88B
est: 18.49B (-3.3%)
18.06B
est: 19.09B (-5.4%)
15.33B
est: 20.94B (-26.8%)
EBITDA
3.22B
est: 2.36B (+36.3%)
3.88B
est: 2.22B (+74.7%)
4.70B
est: 2.87B (+63.9%)
5.83B
est: 3.46B (+68.3%)
3.43B
est: 3.39B (+1.1%)
2.68B
est: 2.43B (+10.3%)
6.62B
est: 3.10B (+113.5%)
3.18B
est: 3.49B (-9.0%)
1.91B
est: 2.61B (-27.1%)
684.77M
est: 1.90B (-63.9%)
-806.73M
est: 2.08B (-138.8%)
EBIT
2.26B
est: 1.34B (+68.3%)
2.95B
est: 1.26B (+133.6%)
3.86B
est: 1.63B (+136.9%)
4.92B
est: 1.97B (+150.1%)
2.38B
est: 1.93B (+23.6%)
1.58B
est: 1.38B (+14.6%)
5.55B
est: 1.76B (+215.2%)
1.97B
est: 1.98B (-0.6%)
867.38M
est: 1.48B (-41.6%)
-574.20M
est: 625.01M (-191.9%)
-2.22B
est: 685.51M (-424.4%)
Net Income
850.64M
est: 871.67M (-2.4%)
1.47B
est: 1.38B (+6.7%)
2.27B
est: 3.10B (-26.6%)
2.99B
est: 3.63B (-17.6%)
1.17B
est: 1.68B (-30.5%)
726.56M
est: 499.55M (+45.4%)
3.40B
est: 1.58B (+114.8%)
679.38M
est: 669.30M (+1.5%)
-494.44M
est: -252.20M (-96.1%)
-2.71B
est: 116.32M (-2,432.3%)
-4.15B
est: 261.72M (-1,685.2%)
SGA
1.15B
est: 1.13B (+1.8%)
1.31B
est: 1.06B (+23.9%)
1.30B
est: 1.37B (-5.3%)
1.53B
est: 1.65B (-7.4%)
1.56B
est: 1.62B (-3.7%)
1.47B
est: 1.16B (+26.8%)
1.39B
est: 1.48B (-6.3%)
1.36B
est: 1.66B (-18.5%)
1.15B
est: 1.25B (-7.6%)
1.30B
est: 1.27B (+3.0%)
1.23B
est: 1.39B (-11.0%)
EPS
1.07
est: 0.90 (+19.1%)
1.84
est: 1.42 (+29.5%)
2.96
est: 3.19 (-7.3%)
3.70
est: 3.75 (-1.3%)
1.20
est: 1.73 (-30.7%)
0.75
est: 0.52 (+45.6%)
3.50
est: 1.63 (+114.7%)
0.70
est: 0.69 (+1.4%)
-0.51
est: -0.26 (-96.2%)
-2.80
est: 0.12 (-2,433.3%)
-4.28
est: 0.27 (-1,685.2%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-11 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-08 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-07 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-06 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-05 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-04 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-30 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.76B
OE per share TTM
-2.84
Owner's Yield
-28.01%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
93.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 20 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.03% 187.1K 0.65%
2 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.02% 28.1K 0.42%
3 Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L 0.00% 10.1K 0.35%
4 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 372.5K 0.06%
5 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 28.8K 0.48%
6 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 65.0K 0.26%
7 Vanguard FTSE Emerging Markets ETF VWO 0.00% 3.21M 0.06%
8 Avantis Emerging Markets Equity ETF AVEM 0.00% 229.1K 0.33%
9 Vanguard Total International Stock ETF VXUS 0.00% 3.67M 0.05%
10 Vanguard ESG International Stock ETF VSGX 0.00% 33.6K 0.10%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-1.45M
Shares Outstanding
970.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tsao-Zu Lee General Manager 5M
Chia-Wen Lee Assistant Vice President & Chief Accounting Officer 3M female
Tsui-Lun Yu Assistant Vice President 895.0K male
Stan Lee President male
Andy Liu Chief Information Security Officer
Wei-Shen Hung Chief Internal Auditor male
Bai Song Huang Manager
Chaoru Li Chief Strategist
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits