Formosa Plastics Corporation Logo

Formosa Plastics Corporation

1301.TW

(2.0)
Stock Price

44,35 TWD

0.98% ROA

1.56% ROE

59.67x PER

Market Cap.

319.560.148.000,00 TWD

43.04% DER

1.99% Yield

2.71% NPM

Formosa Plastics Corporation Stock Analysis

Formosa Plastics Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Formosa Plastics Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (25%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

The stock's ROE falls within an average range (0.55%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (0.37%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.52x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (10.256), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Formosa Plastics Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Formosa Plastics Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Formosa Plastics Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Formosa Plastics Corporation Revenue
Year Revenue Growth
2006 155.323.219.000
2007 193.582.532.000 19.76%
2008 200.177.599.000 3.29%
2009 180.074.921.000 -11.16%
2010 225.320.247.000 20.08%
2011 217.037.101.000 -3.82%
2012 196.878.954.000 -10.24%
2013 215.424.768.000 8.61%
2014 216.589.040.000 0.54%
2015 191.545.395.000 -13.07%
2016 180.173.192.000 -6.31%
2017 206.709.755.000 12.84%
2018 230.370.027.000 10.27%
2019 207.848.572.000 -10.84%
2020 185.813.405.000 -11.86%
2021 273.598.301.000 32.09%
2022 251.647.354.000 -8.72%
2023 202.943.148.000 -24%
2023 199.138.777.000 -1.91%
2024 204.435.416.000 2.59%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Formosa Plastics Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 535.458.000
2007 805.054.000 33.49%
2008 917.429.000 12.25%
2009 731.326.000 -25.45%
2010 819.567.000 10.77%
2011 1.125.071.000 27.15%
2012 931.348.000 -20.8%
2013 892.277.000 -4.38%
2014 918.041.000 2.81%
2015 853.485.000 -7.56%
2016 788.409.000 -8.25%
2017 968.395.000 18.59%
2018 1.138.174.000 14.92%
2019 1.246.402.000 8.68%
2020 1.068.377.000 -16.66%
2021 1.713.289.000 37.64%
2022 1.893.058.000 9.5%
2023 3.609.364.000 47.55%
2023 1.779.234.000 -102.86%
2024 3.422.720.000 48.02%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Formosa Plastics Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 2.876.371.000
2007 3.061.921.000 6.06%
2008 3.379.727.000 9.4%
2009 3.072.175.000 -10.01%
2010 3.500.675.000 12.24%
2011 4.117.964.000 14.99%
2012 3.793.521.000 -8.55%
2013 4.643.380.000 18.3%
2014 4.946.069.000 6.12%
2015 4.961.335.000 0.31%
2016 5.175.491.000 4.14%
2017 4.784.185.000 -8.18%
2018 4.713.287.000 -1.5%
2019 4.601.134.000 -2.44%
2020 5.000.300.000 7.98%
2021 5.535.739.000 9.67%
2022 5.339.273.000 -3.68%
2023 3.657.596.000 -45.98%
2023 5.453.957.000 32.94%
2024 3.299.908.000 -65.28%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Formosa Plastics Corporation EBITDA
Year EBITDA Growth
2006 42.752.784.000
2007 61.875.251.000 30.9%
2008 32.129.759.000 -92.58%
2009 44.211.653.000 27.33%
2010 64.647.968.000 31.61%
2011 56.405.584.000 -14.61%
2012 26.816.717.000 -110.34%
2013 33.510.139.000 19.97%
2014 30.217.129.000 -10.9%
2015 44.838.679.000 32.61%
2016 54.177.280.000 17.24%
2017 64.882.244.000 16.5%
2018 66.024.311.000 1.73%
2019 50.969.273.000 -29.54%
2020 33.373.642.000 -52.72%
2021 95.172.249.000 64.93%
2022 53.286.680.000 -78.6%
2023 37.420.484.000 -42.4%
2023 3.834.518.000 -875.88%
2024 9.252.292.000 58.56%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Formosa Plastics Corporation Gross Profit
Year Gross Profit Growth
2006 18.723.439.000
2007 27.926.883.000 32.96%
2008 16.292.450.000 -71.41%
2009 22.833.046.000 28.65%
2010 40.992.717.000 44.3%
2011 35.451.513.000 -15.63%
2012 15.310.844.000 -131.55%
2013 15.664.393.000 2.26%
2014 16.552.825.000 5.37%
2015 21.825.109.000 24.16%
2016 24.299.196.000 10.18%
2017 33.469.176.000 27.4%
2018 37.308.068.000 10.29%
2019 32.113.950.000 -16.17%
2020 29.054.284.000 -10.53%
2021 76.160.904.000 61.85%
2022 42.558.744.000 -78.95%
2023 14.655.192.000 -190.4%
2023 7.752.054.000 -89.05%
2024 12.768.072.000 39.29%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Formosa Plastics Corporation Net Profit
Year Net Profit Growth
2006 30.889.316.000
2007 47.810.639.000 35.39%
2008 19.709.474.000 -142.58%
2009 27.533.429.000 28.42%
2010 45.546.431.000 39.55%
2011 35.724.458.000 -27.49%
2012 14.662.520.000 -143.64%
2013 20.715.841.000 29.22%
2014 17.993.434.000 -15.13%
2015 30.877.269.000 41.73%
2016 39.392.543.000 21.62%
2017 49.382.853.000 20.23%
2018 49.549.540.000 0.34%
2019 37.324.162.000 -32.75%
2020 20.036.199.000 -86.28%
2021 71.355.311.000 71.92%
2022 36.142.868.000 -97.43%
2023 26.685.620.000 -35.44%
2023 7.337.709.000 -263.68%
2024 5.458.364.000 -34.43%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Formosa Plastics Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 5
2007 8 42.86%
2008 3 -133.33%
2009 4 25%
2010 7 42.86%
2011 6 -40%
2012 2 -150%
2013 3 33.33%
2014 3 -50%
2015 5 50%
2016 6 33.33%
2017 8 14.29%
2018 8 0%
2019 6 -40%
2020 3 -66.67%
2021 11 72.73%
2022 6 -120%
2023 4 -25%
2023 1 -300%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Formosa Plastics Corporation Free Cashflow
Year Free Cashflow Growth
2006 14.893.435.000
2007 27.945.901.000 46.71%
2008 30.628.797.000 8.76%
2009 32.968.236.000 7.1%
2010 51.899.019.000 36.48%
2011 41.239.380.000 -25.85%
2012 15.881.266.000 -159.67%
2013 3.026.799.000 -424.69%
2014 5.363.173.000 43.56%
2015 35.202.311.000 84.76%
2016 33.135.882.000 -6.24%
2017 39.370.845.000 15.84%
2018 34.778.907.000 -13.2%
2019 29.234.590.000 -18.96%
2020 22.347.073.000 -30.82%
2021 39.578.049.000 43.54%
2022 42.014.970.000 5.8%
2023 8.206.272.000 -411.99%
2023 -10.989.858.000 174.67%
2024 -9.680.056.000 -13.53%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Formosa Plastics Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 33.552.233.000
2007 43.944.457.000 23.65%
2008 38.016.002.000 -15.59%
2009 36.211.621.000 -4.98%
2010 54.456.114.000 33.5%
2011 44.917.343.000 -21.24%
2012 24.240.103.000 -85.3%
2013 16.268.260.000 -49%
2014 13.438.399.000 -21.06%
2015 40.852.004.000 67.1%
2016 36.606.275.000 -11.6%
2017 46.081.530.000 20.56%
2018 50.507.277.000 8.76%
2019 46.580.428.000 -8.43%
2020 31.444.453.000 -48.14%
2021 57.859.343.000 45.65%
2022 56.801.615.000 -1.86%
2023 12.403.035.000 -357.97%
2023 6.157.311.000 -101.44%
2024 -5.895.630.000 204.44%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Formosa Plastics Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 18.658.798.000
2007 15.998.556.000 -16.63%
2008 7.387.205.000 -116.57%
2009 3.243.385.000 -127.76%
2010 2.557.095.000 -26.84%
2011 3.677.963.000 30.48%
2012 8.358.837.000 56%
2013 13.241.461.000 36.87%
2014 8.075.226.000 -63.98%
2015 5.649.693.000 -42.93%
2016 3.470.393.000 -62.8%
2017 6.710.685.000 48.29%
2018 15.728.370.000 57.33%
2019 17.345.838.000 9.32%
2020 9.097.380.000 -90.67%
2021 18.281.294.000 50.24%
2022 14.786.645.000 -23.63%
2023 4.196.763.000 -252.33%
2023 17.147.169.000 75.53%
2024 3.784.426.000 -353.1%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Formosa Plastics Corporation Equity
Year Equity Growth
2006 192.546.669.000
2007 249.300.289.000 22.77%
2008 180.204.838.000 -38.34%
2009 225.330.486.000 20.03%
2010 260.844.072.000 13.61%
2011 241.255.473.000 -8.12%
2012 226.620.468.000 -6.46%
2013 262.436.353.000 13.65%
2014 285.891.718.000 8.2%
2015 287.434.904.000 0.54%
2016 313.070.487.000 8.19%
2017 345.010.166.000 9.26%
2018 355.568.001.000 2.97%
2019 349.153.320.000 -1.84%
2020 332.536.140.000 -5%
2021 403.190.274.000 17.52%
2022 357.684.863.000 -12.72%
2023 349.788.209.000 -2.26%
2023 347.360.145.000 -0.7%
2024 341.091.160.000 -1.84%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Formosa Plastics Corporation Assets
Year Assets Growth
2006 305.577.639.000
2007 363.503.204.000 15.94%
2008 294.404.471.000 -23.47%
2009 331.145.643.000 11.1%
2010 355.306.791.000 6.8%
2011 348.673.067.000 -1.9%
2012 360.049.209.000 3.16%
2013 408.746.365.000 11.91%
2014 431.086.690.000 5.18%
2015 423.501.050.000 -1.79%
2016 455.666.072.000 7.06%
2017 476.071.036.000 4.29%
2018 501.513.267.000 5.07%
2019 497.087.959.000 -0.89%
2020 479.280.423.000 -3.72%
2021 543.678.922.000 11.84%
2022 511.254.407.000 -6.34%
2023 521.827.785.000 2.03%
2023 530.738.356.000 1.68%
2024 549.280.832.000 3.38%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Formosa Plastics Corporation Liabilities
Year Liabilities Growth
2006 113.030.970.000
2007 114.202.915.000 1.03%
2008 114.199.633.000 -0%
2009 105.815.157.000 -7.92%
2010 94.462.719.000 -12.02%
2011 107.417.594.000 12.06%
2012 133.428.741.000 19.49%
2013 146.310.012.000 8.8%
2014 145.194.972.000 -0.77%
2015 136.066.146.000 -6.71%
2016 142.595.585.000 4.58%
2017 131.060.870.000 -8.8%
2018 145.945.266.000 10.2%
2019 147.934.639.000 1.34%
2020 146.744.283.000 -0.81%
2021 140.488.648.000 -4.45%
2022 153.569.544.000 8.52%
2023 172.039.576.000 10.74%
2023 183.378.211.000 6.18%
2024 208.189.672.000 11.92%

Formosa Plastics Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
31.06
Net Income per Share
0.84
Price to Earning Ratio
59.67x
Price To Sales Ratio
1.62x
POCF Ratio
165.67
PFCF Ratio
-20.17
Price to Book Ratio
0.94
EV to Sales
2.33
EV Over EBITDA
30.6
EV to Operating CashFlow
238.78
EV to FreeCashFlow
-29.07
Earnings Yield
0.02
FreeCashFlow Yield
-0.05
Market Cap
319,56 Bil.
Enterprise Value
460,59 Bil.
Graham Number
31.85
Graham NetNet
-12.51

Income Statement Metrics

Net Income per Share
0.84
Income Quality
0.34
ROE
0.02
Return On Assets
0.01
Return On Capital Employed
0.01
Net Income per EBT
1.26
EBT Per Ebit
1.02
Ebit per Revenue
0.02
Effective Tax Rate
-0.05

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.05
Operating Profit Margin
0.02
Pretax Profit Margin
0.02
Net Profit Margin
0.03

Dividends

Dividend Yield
0.02
Dividend Yield %
1.99
Payout Ratio
5
Dividend Per Share
1

Operating Metrics

Operating Cashflow per Share
0.3
Free CashFlow per Share
-2.49
Capex to Operating CashFlow
9.21
Capex to Revenue
0.09
Capex to Depreciation
2.13
Return on Invested Capital
0.01
Return on Tangible Assets
0.01
Days Sales Outstanding
85.55
Days Payables Outstanding
16.95
Days of Inventory on Hand
50.08
Receivables Turnover
4.27
Payables Turnover
21.53
Inventory Turnover
7.29
Capex per Share
2.79

Balance Sheet

Cash per Share
12,72
Book Value per Share
53,58
Tangible Book Value per Share
53.48
Shareholders Equity per Share
53.58
Interest Debt per Share
23.51
Debt to Equity
0.43
Debt to Assets
0.27
Net Debt to EBITDA
9.37
Current Ratio
1.39
Tangible Asset Value
340,43 Bil.
Net Current Asset Value
-47,00 Bil.
Invested Capital
165289288000
Working Capital
45,13 Bil.
Intangibles to Total Assets
0
Average Receivables
30,81 Bil.
Average Payables
8,41 Bil.
Average Inventory
23860820500
Debt to Market Cap
0.46

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Formosa Plastics Corporation Dividends
Year Dividends Growth
2000 1
2001 1 100%
2002 1 0%
2003 1 100%
2004 2 0%
2005 3 66.67%
2006 4 0%
2007 4 25%
2008 6 33.33%
2009 2 -500%
2010 4 75%
2011 7 33.33%
2012 4 -50%
2013 1 -300%
2014 2 0%
2015 2 0%
2016 4 66.67%
2017 5 25%
2018 6 20%
2019 6 0%
2020 4 -25%
2021 2 -100%
2022 8 75%
2023 4 -100%
2024 1 -300%

Formosa Plastics Corporation Profile

About Formosa Plastics Corporation

Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. Its plastic products include PVC, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and compound rubber particles. The company also provides chemicals, such as liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol. In addition, it offers carbon fibers; process computer DCS systems, warehouse logistics control systems, real-time production management systems, safety control systems, and laboratories information management systems; and other products, including dye-sensitized batteries, processing aids, impact modifiers, haibo, chlorinated solvents, purified hydrogen, lithium-ion battery electrolytes, lime, calcium carbonate powder, and hydrochloric acid, as well as antibacterial products. The company provides its products for use in various applications, such as daily necessities, outdoor sports, mechanical engineering, building materials coatings, 3C home appliances, civil and agricultural livestock, and other applications. Formosa Plastics Corporation was incorporated in 1954 and is headquartered in Kaohsiung, Taiwan.

CEO
Mr. Wen-Bee Kuo
Employee
7.437
Address
No. 100, Shuiguan Rd.
Kaohsiung, 814

Formosa Plastics Corporation Executives & BODs

Formosa Plastics Corporation Executives & BODs
# Name Age
1 Mr. Wen-Bee Kuo
President & Chairman
70
2 Qiting Liu
Assistant Vice President of Accounting Department
70
3 Mr. Chi-Lin Wei
MD & Independent Director
70
4 Mr. Jerry Lin
Senior Vice President
70
5 Mr. Tony Liang
Senior Vice President
70
6 Mr. Wen-Yuan Wong
MD & Executive Director
70
7 Ms. Ruey-Yu Wang
MD & Executive Director
70
8 Mr. Zhen-Xiao Lei
Senior Vice President of Finance Division
70
9 Mr. Wen-Chiao Wang
MD & Executive Director
70

Formosa Plastics Corporation Competitors