Far Eastern New Century Corporation Logo

Far Eastern New Century Corporation

1402.TW

(2.0)
Stock Price

37,00 TWD

1.51% ROA

5.33% ROE

18.4x PER

Market Cap.

168.055.971.400,00 TWD

121.02% DER

4.3% Yield

4.49% NPM

Far Eastern New Century Corporation Stock Analysis

Far Eastern New Century 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.

Far Eastern New Century Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.73x), the stock offers substantial upside potential at a bargain price.

2 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

3 ROE

ROE in an average range (4.75%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (1.82%) 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 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

6 Buffet Intrinsic Value

The company's stock seems undervalued (690) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 DER

The company has a high debt to equity ratio (119%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 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.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Far Eastern New Century 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.

Far Eastern New Century Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Far Eastern New Century 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.

Far Eastern New Century Corporation Revenue
Year Revenue Growth
2006 143.408.899.000
2007 163.812.806.000 12.46%
2008 50.617.933.000 -223.63%
2009 166.973.367.000 69.69%
2010 199.754.390.000 16.41%
2011 235.561.246.000 15.2%
2012 236.204.948.000 0.27%
2013 238.310.007.000 0.88%
2014 235.450.973.000 -1.21%
2015 217.294.309.000 -8.36%
2016 215.822.459.000 -0.68%
2017 216.199.816.000 0.17%
2018 228.661.933.000 5.45%
2019 250.115.190.000 8.58%
2020 206.769.281.000 -20.96%
2021 238.806.217.000 13.42%
2022 263.944.525.000 9.52%
2023 261.250.008.000 -1.03%

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.

Far Eastern New Century Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 756.663.000
2007 809.058.000 6.48%
2008 568.913.000 -42.21%
2009 683.311.000 16.74%
2010 678.762.000 -0.67%
2011 732.281.000 7.31%
2012 701.324.000 -4.41%
2013 675.902.000 -3.76%
2014 739.094.000 8.55%
2015 785.112.000 5.86%
2016 868.947.000 9.65%
2017 813.263.000 -6.85%
2018 836.704.000 2.8%
2019 1.061.969.000 21.21%
2020 866.814.000 -22.51%
2021 880.071.000 1.51%
2022 989.952.000 11.1%
2023 1.236.224.000 19.92%

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.

Far Eastern New Century Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 7.370.026.000
2007 7.866.284.000 6.31%
2008 989.483.000 -694.99%
2009 7.651.061.000 87.07%
2010 7.622.670.000 -0.37%
2011 8.021.618.000 4.97%
2012 9.136.917.000 12.21%
2013 10.448.419.000 12.55%
2014 11.395.335.000 8.31%
2015 11.346.476.000 -0.43%
2016 11.521.573.000 1.52%
2017 11.124.854.000 -3.57%
2018 11.778.207.000 5.55%
2019 10.809.934.000 -8.96%
2020 10.282.121.000 -5.13%
2021 10.781.952.000 4.64%
2022 11.348.264.000 4.99%
2023 10.761.840.000 -5.45%

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.

Far Eastern New Century Corporation EBITDA
Year EBITDA Growth
2006 23.318.174.000
2007 25.492.824.000 8.53%
2008 7.205.601.000 -253.79%
2009 32.522.964.000 77.84%
2010 41.388.234.000 21.42%
2011 39.669.180.000 -4.33%
2012 33.027.104.000 -20.11%
2013 35.262.279.000 6.34%
2014 41.142.504.000 14.29%
2015 40.469.884.000 -1.66%
2016 39.228.977.000 -3.16%
2017 40.252.383.000 2.54%
2018 44.316.716.000 9.17%
2019 49.285.755.000 10.08%
2020 46.297.952.000 -6.45%
2021 47.649.065.000 2.84%
2022 49.814.757.000 4.35%
2023 52.741.364.000 5.55%

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.

Far Eastern New Century Corporation Gross Profit
Year Gross Profit Growth
2006 40.243.911.000
2007 41.498.852.000 3.02%
2008 5.247.066.000 -690.9%
2009 38.993.350.000 86.54%
2010 46.984.834.000 17.01%
2011 46.365.961.000 -1.33%
2012 44.192.412.000 -4.92%
2013 45.953.267.000 3.83%
2014 47.806.831.000 3.88%
2015 49.829.389.000 4.06%
2016 51.137.660.000 2.56%
2017 48.051.073.000 -6.42%
2018 44.416.431.000 -8.18%
2019 44.718.530.000 0.68%
2020 40.409.134.000 -10.66%
2021 46.569.277.000 13.23%
2022 50.038.263.000 6.93%
2023 48.130.400.000 -3.96%

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.

Far Eastern New Century Corporation Net Profit
Year Net Profit Growth
2006 8.337.183.000
2007 11.367.097.000 26.66%
2008 4.621.944.000 -145.94%
2009 8.088.696.000 42.86%
2010 12.850.170.000 37.05%
2011 11.087.496.000 -15.9%
2012 8.713.177.000 -27.25%
2013 7.207.081.000 -20.9%
2014 11.033.421.000 34.68%
2015 8.034.691.000 -37.32%
2016 6.307.786.000 -27.38%
2017 8.066.136.000 21.8%
2018 12.028.294.000 32.94%
2019 16.435.163.000 26.81%
2020 12.980.539.000 -26.61%
2021 14.844.485.000 12.56%
2022 13.341.150.000 -11.27%
2023 7.923.148.000 -68.38%

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.

Far Eastern New Century Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 2 50%
2008 1 0%
2009 2 100%
2010 2 50%
2011 2 0%
2012 1 0%
2013 3 100%
2014 2 0%
2015 2 -100%
2016 1 0%
2017 2 0%
2018 2 50%
2019 3 33.33%
2020 3 -50%
2021 3 0%
2022 3 0%
2023 2 -100%

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.

Far Eastern New Century Corporation Free Cashflow
Year Free Cashflow Growth
2006 7.068.054.000
2007 6.963.264.000 -1.5%
2008 10.016.611.000 30.48%
2009 20.130.578.000 50.24%
2010 18.487.172.000 -8.89%
2011 13.533.334.000 -36.6%
2012 14.094.653.000 3.98%
2013 254.204.000 -5444.62%
2014 -2.207.223.000 111.52%
2015 8.926.619.000 124.73%
2016 5.429.878.000 -64.4%
2017 -970.822.000 659.31%
2018 -7.969.550.000 87.82%
2019 17.386.962.000 145.84%
2020 -20.961.182.000 182.95%
2021 15.492.557.000 235.3%
2022 14.544.373.000 -6.52%
2023 9.367.865.000 -55.26%

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.

Far Eastern New Century Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 8.500.446.000
2007 8.421.465.000 -0.94%
2008 11.618.850.000 27.52%
2009 30.084.081.000 61.38%
2010 36.436.907.000 17.44%
2011 31.714.526.000 -14.89%
2012 32.398.045.000 2.11%
2013 26.775.077.000 -21%
2014 27.070.322.000 1.09%
2015 34.038.033.000 20.47%
2016 34.572.226.000 1.55%
2017 29.789.070.000 -16.06%
2018 18.800.673.000 -58.45%
2019 43.949.286.000 57.22%
2020 41.489.455.000 -5.93%
2021 36.524.107.000 -13.59%
2022 38.510.852.000 5.16%
2023 14.810.019.000 -160.03%

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.

Far Eastern New Century Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 1.432.392.000
2007 1.458.201.000 1.77%
2008 1.602.239.000 8.99%
2009 9.953.503.000 83.9%
2010 17.949.735.000 44.55%
2011 18.181.192.000 1.27%
2012 18.303.392.000 0.67%
2013 26.520.873.000 30.98%
2014 29.277.545.000 9.42%
2015 25.111.414.000 -16.59%
2016 29.142.348.000 13.83%
2017 30.759.892.000 5.26%
2018 26.770.223.000 -14.9%
2019 26.562.324.000 -0.78%
2020 62.450.637.000 57.47%
2021 21.031.550.000 -196.94%
2022 23.966.479.000 12.25%
2023 5.442.154.000 -340.39%

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.

Far Eastern New Century Corporation Equity
Year Equity Growth
2006 82.250.875.000
2007 91.945.967.000 10.54%
2008 84.543.927.000 -8.76%
2009 92.511.188.000 8.61%
2010 98.548.611.000 6.13%
2011 111.550.663.000 11.66%
2012 110.350.878.000 -1.09%
2013 112.831.730.000 2.2%
2014 199.500.429.000 43.44%
2015 197.251.565.000 -1.14%
2016 190.886.455.000 -3.33%
2017 194.360.387.000 1.79%
2018 267.729.437.000 27.4%
2019 271.321.183.000 1.32%
2020 269.424.640.000 -0.7%
2021 269.414.918.000 -0%
2022 271.672.077.000 0.83%
2023 280.879.326.000 3.28%

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.

Far Eastern New Century Corporation Assets
Year Assets Growth
2006 127.769.987.000
2007 145.593.875.000 12.24%
2008 141.038.312.000 -3.23%
2009 267.419.667.000 47.26%
2010 293.707.502.000 8.95%
2011 329.005.187.000 10.73%
2012 339.147.566.000 2.99%
2013 386.355.456.000 12.22%
2014 496.604.290.000 22.2%
2015 518.765.122.000 4.27%
2016 513.460.158.000 -1.03%
2017 516.766.280.000 0.64%
2018 565.589.420.000 8.63%
2019 576.079.699.000 1.82%
2020 616.955.270.000 6.63%
2021 635.327.585.000 2.89%
2022 657.757.910.000 3.41%
2023 636.410.665.000 -3.35%

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.

Far Eastern New Century Corporation Liabilities
Year Liabilities Growth
2006 45.519.112.000
2007 53.647.908.000 15.15%
2008 56.494.385.000 5.04%
2009 125.911.897.000 55.13%
2010 143.659.478.000 12.35%
2011 160.594.963.000 10.55%
2012 167.322.469.000 4.02%
2013 210.674.797.000 20.58%
2014 233.285.536.000 9.69%
2015 258.368.119.000 9.71%
2016 261.267.506.000 1.11%
2017 261.227.187.000 -0.02%
2018 297.859.983.000 12.3%
2019 304.758.516.000 2.26%
2020 347.530.630.000 12.31%
2021 365.912.667.000 5.02%
2022 386.085.833.000 5.23%
2023 355.531.339.000 -8.59%

Far Eastern New Century Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
51.33
Net Income per Share
1.71
Price to Earning Ratio
18.4x
Price To Sales Ratio
0.66x
POCF Ratio
3.33
PFCF Ratio
7.71
Price to Book Ratio
0.71
EV to Sales
1.63
EV Over EBITDA
8.33
EV to Operating CashFlow
8.84
EV to FreeCashFlow
18.96
Earnings Yield
0.05
FreeCashFlow Yield
0.13
Market Cap
168,06 Bil.
Enterprise Value
413,43 Bil.
Graham Number
41.08
Graham NetNet
-53.4

Income Statement Metrics

Net Income per Share
1.71
Income Quality
2.94
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.04
Net Income per EBT
0.62
EBT Per Ebit
0.84
Ebit per Revenue
0.09
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.18
Operating Profit Margin
0.09
Pretax Profit Margin
0.07
Net Profit Margin
0.04

Dividends

Dividend Yield
0.04
Dividend Yield %
4.3
Payout Ratio
2.45
Dividend Per Share
1.35

Operating Metrics

Operating Cashflow per Share
9.44
Free CashFlow per Share
4.4
Capex to Operating CashFlow
-0.53
Capex to Revenue
-0.1
Capex to Depreciation
-0.89
Return on Invested Capital
0.03
Return on Tangible Assets
0.02
Days Sales Outstanding
76.61
Days Payables Outstanding
37.8
Days of Inventory on Hand
85.39
Receivables Turnover
4.76
Payables Turnover
9.66
Inventory Turnover
4.27
Capex per Share
-5.04

Balance Sheet

Cash per Share
5,38
Book Value per Share
43,94
Tangible Book Value per Share
41.11
Shareholders Equity per Share
43.94
Interest Debt per Share
54.08
Debt to Equity
1.21
Debt to Assets
0.41
Net Debt to EBITDA
4.94
Current Ratio
0.88
Tangible Asset Value
203,56 Bil.
Net Current Asset Value
-222,54 Bil.
Invested Capital
1.21
Working Capital
-18,24 Bil.
Intangibles to Total Assets
0.12
Average Receivables
51,76 Bil.
Average Payables
20,06 Bil.
Average Inventory
48856835000
Debt to Market Cap
1.57

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.

Far Eastern New Century Corporation Dividends
Year Dividends Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 1 0%
2006 1 0%
2007 1 100%
2008 2 0%
2009 1 0%
2010 1 100%
2011 2 0%
2012 2 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 100%
2019 2 0%
2020 2 0%
2021 1 0%
2022 2 0%
2023 1 0%

Far Eastern New Century Corporation Profile

About Far Eastern New Century Corporation

Far Eastern New Century Corporation manufactures and sells polyester materials, and semi-finished and finished textiles worldwide. It operates through Petrochemical Business, Chemical Fiber Business, Textile Business, Telecommunication Services Business, Real Estate Development, and Investment and Other segments. The company offers solid state polymers, such as resins, PET sheets and shrinkable films, and perform bottles; non-woven fibers; fiber filaments; cotton fabrics, and synthetic or blended fabrics and yarns; towels and bed sheets; spun, polyester textured, natural, and industrial yarns; sportswear, outerwear, children's wear, and shirts and loungewear; and yarn, silk, and cloth printing and dyeing services. It also develops, constructs, leases, and sells real estate properties; produces and sells petrochemical materials, chemical and staple fibers, polyester products, recycled PET, PTA, chips, filaments, and by-products; brews and sells beers; installs and replaces pipes and cables; and sells electronic materials and by-products, communications products, and office equipment. Further, it engages in electronic toll collection, digital payment, waste recycling and re-processing, transportation, hotel, market research and advertisement, intelligent control equipment and security monitoring product, machinery and lubricant wholesale, computer system research and design, goods and products import and export, and medical supplies production and wholesale businesses. The company was founded in 1942 and is based in Taipei, Taiwan.

CEO
Mr. Shu-Tong Hsu
Employee
33.241
Address
Taipei Metro Tower
Taipei,

Far Eastern New Century Corporation Executives & BODs

Far Eastern New Century Corporation Executives & BODs
# Name Age
1 Mr. Li-Chi Chen
Senior Vice President of Legal Department
70
2 Mr. Shu-Tong Hsu
Chairman & President
70
3 Mr. C. Y. Lin
Chief Human Resources Officer
70
4 Mr. David Shih
Senior Vice President of Polyester Business
70
5 Mr. Tony Liang
Senior Vice President of Textile Business
70
6 Mr. Raymond Hsu
Chief Auditor of Chairman Office
70
7 Mr. Shaw Y. Wang
Chief Philanthropic Director of Chairman Office & Director
70
8 Mr. David Wang
Chief Financial Officer
70
9 Eric Chueh
Chief Operating Officer
70
10 Mr. J. S. Dai
Senior Vice President of Accounting Department
70

Far Eastern New Century Corporation Competitors