Asia Polymer Corporation
Asia Polymer Corporation (TAI: 1308) is trading at NT$14.45, about ₹44 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 2.48% today. Asia Polymer is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$14.10
Today's high
NT$14.50
52 week low
NT$10.85
52 week high
NT$21.15
1308 opened at NT$14.20, closed previously at NT$14.10, and has traded between NT$10.85 and NT$21.15 over the past 52 weeks.
About
Asia Polymer Corporation is a Taiwan-based company specializing in the design, development, manufacturing, and global distribution of key petrochemical products: low-density polyethylene (LDPE) and ethylene vinyl acetate copolymer (EVA). Their LDPE resin portfolio encompasses various grades, including those tailored for films (such as medium-duty, frozen food packaging, high-clarity, general purpose, thin-gauge, liner bags, heavy-duty, agriculture, and construction applications), injection molding, and laminating processes. Additionally, they produce specialized LDPE types for low crystallization point, microfiber, and foaming applications. These versatile resins find extensive utility in extruded tubes, foam nets, injection moldings, powder coatings, protection films, laminations, extrusion coatings, and wire insulation. Similarly, their EVA resin offerings span film, foaming, laminating film, electric cable, and photovoltaic grades. These versatile EVA products are employed in extrusion castings and coatings, various foaming applications (including sports goods and shoe soles), injection molded products, wires and cables, PV films, and hot melt adhesives. Beyond its core LDPE and EVA lines, Asia Polymer Corporation is also engaged in the manufacturing and sale of degradable plastic materials and medium-density polyethylene (MDPE). The company further diversifies its operations through the sale of high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE), the wholesale of machinery, trading in plastic raw materials, and the production and sale of various petrochemical and chemical products and related equipment. Established in 1977, the company maintains its headquarters in Kaohsiung, Taiwan, and operates as a subsidiary of Usi Corporation.
Key statistics
Avg. volume
2.64M
Market cap
NT$8.58B
P/E Ratio
-14.34
Price-to-sales ratio
1.50
Enterprise value
NT$8.08B
Free cash flow yield
-0.37%
Debt-to-equity ratio
0.06
Return on equity
-10.20%
ROIC
0.03%
Beta
-0.24
Dividend yield
1.38%
Last dividend
NT$0.20
Financial overview
Revenue
NT$5.74B
Earnings per share
-NT$1.76
Free cash flow
-NT$28.58M
Net profit margin
-10.52%
Gross margin
6.97%
EBITDA
NT$339.21M
Revenue growth
-4.78%
Similar securities
This is not an investment recommendation
Asia Polymer for Indian investors
Asia Polymer is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Asia Polymer for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Asia Polymer’s current yield is 1.38%.Dividend tax explained
FAQs
Can I buy Asia Polymer on Paasa?
Asia Polymer (1308) has been listed on the Taiwan Stock Exchange since 1986, in the Chemicals - Specialty industry. Asia Polymer is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Asia Polymer share cost in rupees?
One Asia Polymer share is NT$14.45 — about ₹44 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Asia Polymer price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Asia Polymer shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Asia Polymer price.
Does Asia Polymer pay a dividend, and how is it taxed in India?
Yes. Asia Polymer pays a dividend and the current yield is 1.38%; the last declared dividend was NT$0.20 per share, about ₹0.60. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Asia Polymer shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Asia Polymer?
Yes. Asia Polymer is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.