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Cheng Shin Rubber Ind. Co., Ltd. (2105.TW)

TWD32.85 +0.20 (+0.61%)
TW TAI Consumer Cyclical Auto - Parts
Address No. 215, Meigang Road 51545
Changhua, TW
CEO Yun-Hwa Chen
Website cst.com.tw
IPO 2000-01-04
ISIN TW0002105004

Explore sections of this company profile

Description

Cheng Shin Rubber Ind. Co., Ltd., established in Changhua, Taiwan, in 1967, is a global enterprise primarily focused on the rubber products sector. The company's core operations involve the production, processing, and distribution of a wide range of tires, including those for bicycles, electric vehicles, trucks, and automobiles. Beyond its extensive tire offerings, Cheng Shin Rubber also manufactures and trades in various other rubber goods, such as reclaimed rubber, specialized rubber and resin compounds, anti-vibration rubber, and hardware products. Its diverse product portfolio further encompasses adhesives, tapes, radial tires, tire covers and tubes, as well as related industrial equipment like plastic machinery and molds with their accessories. The company is actively involved in all stages of its products' lifecycle, from rigorous research and development to testing, exhibition, import, export, wholesale, and retail of tires and automotive accessories. To support these activities, it operates a dedicated technical center, provides comprehensive logistics services including warehousing and container transportation, and offers robust after-sales support. Additionally, Cheng Shin Rubber engages in unique ventures such as managing racing tracks and producing or maintaining product models. The enterprise also extends its business interests to include the construction and trading of employee housing, alongside dealing in various vehicle parts and accessories. With a significant operational footprint, Cheng Shin Rubber maintains a strong presence across Taiwan, China, the United States, and numerous other international markets.

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
TWD32.85 +0.20 (+0.61%)
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Volume Profile
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Liquidity & share structure
Average Volume
17M
Beta
0.08
Float Shares
1.75B
Free Float %
53.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.46% +1.24% -0.31% +5.17% +0.93% +10.34% -37.28% -18.22% -21.19% -51.27% +713.75%
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
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

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
32.85
DCF (Unlevered) 191.11 +481.8%
DCF (Levered) 167.15 +408.8%

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) 50% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.49
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Auto - Parts: +7.8%
    -5.7% Q1'26: +1.1% (vs Q1'25)
  • EPS growth Auto - Parts: +18.0%
    -39.3% Q1'26: +26.7% (vs Q1'25)
  • FCF margin FCF growth · Auto - Parts: +53.1%
    +10.9% Q1'26: +12.6% (vs Q1'25)
  • EBIT margin Auto - Parts: +7.5%
    +7.9% Q1'26: +9.9% (vs Q1'25)
  • ROIC Auto - Parts: +6.4%
    +5.8% Q1'26: +8.5% (vs Q1'25)
  • Share dilution Auto - Parts: +0.0%
    -0.7% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Auto - Parts: 0.27×
    2.43× Q1'26: 2.10× (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 (0.10) × ERP
WACC = 73% × Ke + 27% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 190.88 Current price: 32.85
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
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
116.73B
est: 117.87B (-1.0%)
117.39B
est: 118.29B (-0.8%)
112.31B
est: 113.11B (-0.7%)
109.22B
est: 109.43B (-0.2%)
109.51B
est: 111.39B (-1.7%)
96.21B
est: 91.34B (+5.3%)
101.54B
est: 102.04B (-0.5%)
98.62B
est: 98.72B (-0.1%)
96.20B
est: 96.02B (+0.2%)
96.25B
est: 97.43B (-1.2%)
90.78B
est: 91.89B (-1.2%)
91.82B
91.82B – 91.82B
-0.1% YoY
91.83B
91.83B – 91.83B
+0.0% YoY
EBITDA
29.98B
est: 24.32B (+23.3%)
31.27B
est: 24.41B (+28.1%)
21.22B
est: 23.34B (-9.1%)
19.55B
est: 22.58B (-13.4%)
19.71B
est: 22.98B (-14.2%)
20.26B
est: 18.85B (+7.5%)
18.88B
est: 21.05B (-10.3%)
17.72B
est: 20.37B (-13.0%)
22.36B
est: 17.36B (+28.8%)
21.45B
est: 17.62B (+21.8%)
15.64B
est: 16.62B (-5.9%)
16.61B
16.61B – 16.61B
-0.1% YoY
16.61B
16.61B – 16.61B
+0.0% YoY
EBIT
18.35B
est: 11.18B (+64.2%)
19.72B
est: 11.22B (+75.8%)
9.66B
est: 10.72B (-10.0%)
7.42B
est: 10.38B (-28.5%)
7.00B
est: 10.56B (-33.7%)
8.60B
est: 8.66B (-0.7%)
7.65B
est: 9.67B (-20.9%)
7.37B
est: 9.36B (-21.2%)
11.69B
est: 10.27B (+13.8%)
11.68B
est: 10.42B (+12.1%)
7.16B
est: 9.83B (-27.2%)
9.82B
9.82B – 9.82B
-0.1% YoY
9.82B
9.82B – 9.82B
+0.0% YoY
Net Income
12.78B
est: 12.87B (-0.8%)
13.25B
est: 14.06B (-5.8%)
5.54B
est: 7.10B (-22.0%)
3.52B
est: 4.34B (-18.9%)
3.47B
est: 4.26B (-18.6%)
5.99B
est: 3.42B (+75.2%)
5.27B
est: 5.67B (-7.0%)
4.96B
est: 5.14B (-3.6%)
7.18B
est: 8.05B (-10.8%)
8.02B
est: 8.66B (-7.4%)
4.84B
est: 6.00B (-19.4%)
9.11B
9.11B – 9.11B
+51.9% YoY
5.19B
5.19B – 5.19B
-43.0% YoY
SGA
12.61B
est: 11.96B (+5.4%)
12.79B
est: 12.01B (+6.5%)
12.19B
est: 11.48B (+6.2%)
11.58B
est: 11.11B (+4.2%)
11.81B
est: 11.31B (+4.4%)
10.81B
est: 9.27B (+16.6%)
10.38B
est: 10.36B (+0.2%)
9.67B
est: 10.02B (-3.5%)
9.21B
est: 9.65B (-4.5%)
9.54B
est: 9.79B (-2.5%)
9.73B
est: 9.23B (+5.4%)
9.22B
9.22B – 9.22B
-0.1% YoY
9.23B
9.23B – 9.23B
+0.0% YoY
EPS
3.94
est: 3.97 (-0.7%)
4.09
est: 4.33 (-5.6%)
1.71
est: 2.19 (-21.8%)
1.09
est: 1.34 (-18.5%)
1.07
est: 1.31 (-18.4%)
1.85
est: 1.05 (+75.6%)
1.63
est: 1.75 (-6.6%)
1.53
est: 1.59 (-3.5%)
2.22
est: 2.50 (-11.1%)
2.47
est: 2.69 (-8.0%)
1.50
est: 1.86 (-19.4%)
2.83
2.83 – 2.83
+51.9% YoY
1.61
1.61 – 1.61
-43.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-14 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-13 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-12 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-11 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-08 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-07 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-06 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-05 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-04 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-30 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-29 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-28 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-27 A- 4/5 5/5 3/5 4/5 1/5 3/5 4/5
2026-04-24 B+ 3/5 5/5 2/5 4/5 1/5 3/5 4/5
2026-04-23 B+ 3/5 5/5 2/5 4/5 1/5 3/5 4/5
2026-04-22 B+ 3/5 5/5 2/5 4/5 1/5 3/5 4/5
2026-04-21 B+ 3/5 5/5 2/5 4/5 1/5 3/5 4/5
2026-04-20 B+ 3/5 5/5 2/5 4/5 1/5 3/5 4/5
2026-04-17 A- 4/5 5/5 2/5 5/5 1/5 3/5 4/5
2026-04-16 A- 4/5 5/5 2/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
8.89B
OE per share TTM
2.74
Owner's Yield
8.46%
Maintenance CapEx ratio
36.22%
Maint CapEx / Avg PPE
81.3%

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 95 ETFs in our universe

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
267.7K
Shares Outstanding
3.24B

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
Chin-Chang Lee President & Director male
Hsiu-Hsiung Chen General Manager male
Po-Chia Chen Chief Information Security Officer
Shiu-Hsiung Chen President
Yo Don Accounting manager
Yun-Hwa Chen Chairman & GM male
Yung-Li Lo Chief Financial Officer, Chief Corporate Governance Officer, Secretary, Vice President of Financial Department & Deputy GM male
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