Cheng Loong Corporation
Cheng Loong Corporation (TAI: 1904) is trading at NT$24.40, about ₹73 at today's TWD/INR rate, as of 30 Sep 2026, 9:42 PM ET, down 0.81% today. Cheng Loong 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$24.30
Today's high
NT$24.60
52 week low
NT$16.70
52 week high
NT$26.45
1904 opened at NT$24.60, closed previously at NT$24.60, and has traded between NT$16.70 and NT$26.45 over the past 52 weeks.
About
Cheng Loong Corporation, founded in 1959 and headquartered in New Taipei City, Taiwan, operates as a diversified enterprise with a significant presence in paper product manufacturing and sales across Taiwan, Mainland China, and Southeast Asia. Its extensive paper offerings include industrial grades like linerboards, and a broad range of corrugated containers such as sheet boards, display units, and paper pallets, further supported by pre-print services. The company also produces a variety of household paper goods, including toilet paper, facial tissues, kitchen towels, and paper towels under its proprietary Andante brand, alongside baby diapers and foaming hand soap. Additionally, Cheng Loong supplies fine papers, coated duplex boards, various specialty papers, and bond papers, and even crafts eco-friendly paper art items for children's educational toys, pet products, and cultural merchandise. Beyond its core paper business, Cheng Loong's operations extend into numerous other sectors. The company engages in real estate development, constructing and managing residential and commercial properties for both lease and sale. It manufactures a diverse array of items, including electronic components, optical instruments, glass products, and precision instruments. Furthermore, Cheng Loong offers a comprehensive suite of packaging materials and solutions, encompassing corrugated, display, and paper boxes, cartons, wrapping papers, separators, and both lithographic and flexographic packaging. Its packaging supply also includes kraft linerboards, foams, anti-static bubble bags, plastic buffer materials, and decorative printing products. Rounding out its services, the corporation provides water treatment, sewage treatment, and general maintenance and technical repair services.
Key statistics
Avg. volume
3.46M
Market cap
NT$27.04B
P/E Ratio
11.30
Price-to-sales ratio
0.61
Enterprise value
NT$43.53B
Free cash flow yield
-5.58%
Debt-to-equity ratio
1.06
Return on equity
2.81%
ROIC
2.16%
Beta
0.21
Dividend yield
1.84%
Last dividend
NT$0.45
Financial overview
Revenue
NT$42.98B
Earnings per share
NT$0.74
Free cash flow
-NT$1.04B
Net profit margin
5.45%
Gross margin
19.54%
EBITDA
NT$5.76B
Revenue growth
-4.85%
Similar securities
This is not an investment recommendation
Cheng Loong for Indian investors
Cheng Loong 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 Cheng Loong 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. Cheng Loong’s current yield is 1.84%.Dividend tax explained
FAQs
Can I buy Cheng Loong on Paasa?
Cheng Loong (1904) has been listed on the Taiwan Stock Exchange since 1971, in the Paper, Lumber & Forest Products industry. Cheng Loong 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 Cheng Loong share cost in rupees?
One Cheng Loong share is NT$24.40 — about ₹73 at a TWD/INR rate of 3.01 on 30 Sep 2026. Both the Cheng Loong 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 Cheng Loong 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 Cheng Loong price.
Does Cheng Loong pay a dividend, and how is it taxed in India?
Yes. Cheng Loong pays a dividend and the current yield is 1.84%; the last declared dividend was NT$0.45 per share, about ₹1.35. 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 Cheng Loong 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 Cheng Loong?
Yes. Cheng Loong 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.