Taiwan Glass Ind. Corp. (1802.TW) stock analysis

In our weekly check, Taiwan Glass Ind. Corp. is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 13 pass, warnings: 2, red flags: 9.

About Taiwan Glass Ind. Corp.

Taiwan Glass Ind. Corp. is a Basic Materials company (Construction Materials) based in Taiwan, listed on TAI as 1802.TW.

What our checks show for 1802.TW

Red flags

• The net margin fell by 14.7 points over 5 years, to 5.7%: the company keeps less of each sale as profit.
• The gross margin fell by 15.4 points, to 16.2%: costs are rising faster than prices.
• Revenue grew only 0% a year over the last 3 years.
• Free cash flow is negative (-10.3% of revenue): the business spends more cash than it brings in.
• The price swings a lot: 71.7% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 86% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 5.6 years.
• Return on capital (ROCE) is only 3.8%.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The net margin is only 5.7%: little room if costs rise.
• Beta 1.24: the stock usually moves more than the market, both up and down.

Strengths

• Analysts expect earnings per share to grow about 118% a year over the next years.
• Analysts expect revenue to grow about 24.1% a year over the next years.
• Analysts expect the net margin to improve by 18.4 points from today's 5.7%.
• Earnings per share grew 53.6% a year over the last 3 years.
• The dividend takes 0% of profit: there is a cushion.
• Actively traded: about 52.7 million shares a day.

Next earnings report: 2026-11-09

Similar companies

1101.TW · 1102.TW · 600176.SS · 0914.HK · JCI · CRH

Questions

What grade does Taiwan Glass Ind. Corp. (1802.TW) have?

In our weekly check, Taiwan Glass Ind. Corp. is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 13 pass, warnings: 2, red flags: 9. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 1802.TW stock?

This week's biggest flags for Taiwan Glass Ind. Corp.: Margins falling, Gross margin falling, Weak revenue growth. In total 11 of 24 checks show a warning or a red flag.

What does Taiwan Glass Ind. Corp. do?

Taiwan Glass Ind. Corp. is a Basic Materials company (Construction Materials) based in Taiwan, listed on TAI as 1802.TW.

When does Taiwan Glass Ind. Corp. report earnings next?

The next earnings report is expected on 2026-11-09. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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