Formosa Petrochemical Corporation Logo

Formosa Petrochemical Corporation

6505.TW

(2.0)
Stock Price

43,30 TWD

6.15% ROA

8.02% ROE

19.18x PER

Market Cap.

505.828.476.000,00 TWD

8.93% DER

3.77% Yield

3.71% NPM

Formosa Petrochemical Corporation Stock Analysis

Formosa Petrochemical 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 Petrochemical Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (10%), which means it has a small amount of debt compared to the ownership it holds

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

The stock's ROE falls within an average range (3.32%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (2.83%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (2.4x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (17.307) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

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

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

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

Formosa Petrochemical 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 Petrochemical Corporation Revenue
Year Revenue Growth
2006 531.522.973.000
2007 701.194.860.000 24.2%
2008 877.150.630.000 20.06%
2009 635.598.278.000 -38%
2010 748.898.286.000 15.13%
2011 800.362.324.000 6.43%
2012 894.413.406.000 10.52%
2013 931.333.890.000 3.96%
2014 913.085.277.000 -2%
2015 629.513.853.000 -45.05%
2016 546.161.413.000 -15.26%
2017 624.107.892.000 12.49%
2018 767.550.218.000 18.69%
2019 646.022.809.000 -18.81%
2020 415.281.764.000 -55.56%
2021 620.062.326.000 33.03%
2022 848.048.496.000 26.88%
2023 770.633.628.000 -10.05%
2023 712.576.194.000 -8.15%
2024 682.465.400.000 -4.41%

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 Petrochemical Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2006 1.826.000
2007 2.024.000 9.78%
2008 1.686.000 -20.05%
2009 2.184.000 22.8%
2010 12.213.000 82.12%
2011 155.360.000 92.14%
2012 157.391.000 1.29%
2013 156.453.000 -0.6%
2014 174.911.000 10.55%
2015 173.609.000 -0.75%
2016 199.642.000 13.04%
2017 218.554.000 8.65%
2018 302.341.000 27.71%
2019 223.951.000 -35%
2020 235.403.000 4.86%
2021 310.509.000 24.19%
2022 406.561.000 23.63%
2023 393.376.000 -3.35%
2023 405.458.000 2.98%
2024 413.044.000 1.84%

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 Petrochemical Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 3.620.024.000
2007 3.577.756.000 -1.18%
2008 3.452.184.000 -3.64%
2009 3.079.836.000 -12.09%
2010 3.706.518.000 16.91%
2011 4.644.889.000 20.2%
2012 4.164.230.000 -11.54%
2013 4.077.306.000 -2.13%
2014 3.981.083.000 -2.42%
2015 3.715.205.000 -7.16%
2016 4.055.240.000 8.39%
2017 4.220.467.000 3.91%
2018 4.529.003.000 6.81%
2019 4.729.909.000 4.25%
2020 4.493.905.000 -5.25%
2021 4.739.947.000 5.19%
2022 4.431.371.000 -6.96%
2023 5.083.200.000 12.82%
2023 4.800.244.000 -5.89%
2024 5.202.248.000 7.73%

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 Petrochemical Corporation EBITDA
Year EBITDA Growth
2006 76.405.187.000
2007 103.705.814.000 26.33%
2008 55.511.169.000 -86.82%
2009 87.924.447.000 36.86%
2010 79.829.608.000 -10.14%
2011 58.750.614.000 -35.88%
2012 33.816.506.000 -73.73%
2013 59.784.331.000 43.44%
2014 37.087.478.000 -61.2%
2015 79.401.117.000 53.29%
2016 115.723.282.000 31.39%
2017 116.014.363.000 0.25%
2018 90.382.608.000 -28.36%
2019 59.122.597.000 -52.87%
2020 23.043.497.000 -156.57%
2021 75.533.648.000 69.49%
2022 33.809.894.000 -123.41%
2023 101.504.632.000 66.69%
2023 30.254.488.000 -235.5%
2024 15.768.768.000 -91.86%

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 Petrochemical Corporation Gross Profit
Year Gross Profit Growth
2006 64.829.591.000
2007 87.397.289.000 25.82%
2008 34.548.453.000 -152.97%
2009 55.382.287.000 37.62%
2010 48.497.028.000 -14.2%
2011 31.275.843.000 -55.06%
2012 9.201.476.000 -239.9%
2013 33.255.448.000 72.33%
2014 9.578.252.000 -247.2%
2015 55.160.427.000 82.64%
2016 96.458.914.000 42.81%
2017 102.622.259.000 6.01%
2018 77.615.555.000 -32.22%
2019 47.719.011.000 -62.65%
2020 12.967.946.000 -267.98%
2021 65.779.849.000 80.29%
2022 16.215.551.000 -305.66%
2023 84.721.072.000 80.86%
2023 25.896.090.000 -227.16%
2024 15.047.740.000 -72.09%

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 Petrochemical Corporation Net Profit
Year Net Profit Growth
2006 44.476.349.000
2007 69.610.794.000 36.11%
2008 15.193.322.000 -358.17%
2009 39.192.346.000 61.23%
2010 40.923.253.000 4.23%
2011 22.498.715.000 -81.89%
2012 2.718.950.000 -727.48%
2013 26.858.263.000 89.88%
2014 9.065.576.000 -196.27%
2015 47.301.922.000 80.83%
2016 75.764.102.000 37.57%
2017 80.170.146.000 5.5%
2018 60.090.225.000 -33.42%
2019 36.798.213.000 -63.3%
2020 7.429.609.000 -395.29%
2021 49.401.403.000 84.96%
2022 14.421.560.000 -242.55%
2023 68.625.484.000 78.99%
2023 21.888.842.000 -213.52%
2024 10.928.552.000 -100.29%

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 Petrochemical Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 5
2007 7 42.86%
2008 2 -600%
2009 4 75%
2010 4 0%
2011 2 -100%
2012 0 0%
2013 3 100%
2014 1 0%
2015 5 100%
2016 8 42.86%
2017 8 12.5%
2018 6 -33.33%
2019 4 -100%
2020 1 0%
2021 5 100%
2022 2 -400%
2023 7 85.71%
2023 2 -250%
2024 1 -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.

Formosa Petrochemical Corporation Free Cashflow
Year Free Cashflow Growth
2006 24.633.087.000
2007 41.294.307.000 40.35%
2008 67.501.365.000 38.82%
2009 23.928.154.000 -182.1%
2010 51.672.332.000 53.69%
2011 36.339.925.000 -42.19%
2012 12.276.386.000 -196.01%
2013 29.938.634.000 58.99%
2014 58.571.397.000 48.89%
2015 112.355.782.000 47.87%
2016 99.158.955.000 -13.31%
2017 70.830.083.000 -40%
2018 64.568.934.000 -9.7%
2019 36.173.193.000 -78.5%
2020 26.543.210.000 -36.28%
2021 24.976.210.000 -6.27%
2022 -16.830.441.000 248.4%
2023 37.967.438.000 144.33%
2023 16.163.499.000 -134.9%
2024 -12.189.839.000 232.6%

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 Petrochemical Corporation Operating Cashflow
Year Operating Cashflow Growth
2006 56.236.738.000
2007 64.583.924.000 12.92%
2008 80.491.112.000 19.76%
2009 29.494.865.000 -172.9%
2010 56.401.704.000 47.71%
2011 40.243.279.000 -40.15%
2012 25.005.455.000 -60.94%
2013 39.786.419.000 37.15%
2014 64.879.961.000 38.68%
2015 119.166.831.000 45.56%
2016 103.814.014.000 -14.79%
2017 79.799.242.000 -30.09%
2018 76.949.885.000 -3.7%
2019 43.892.046.000 -75.32%
2020 35.534.431.000 -23.52%
2021 35.526.389.000 -0.02%
2022 -9.183.130.000 486.87%
2023 48.735.230.000 118.84%
2023 17.083.002.000 -185.28%
2024 -9.238.289.000 284.92%

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 Petrochemical Corporation Capital Expenditure
Year Capital Expenditure Growth
2006 31.603.651.000
2007 23.289.617.000 -35.7%
2008 12.989.747.000 -79.29%
2009 5.566.711.000 -133.35%
2010 4.729.372.000 -17.71%
2011 3.903.354.000 -21.16%
2012 12.729.069.000 69.34%
2013 9.847.785.000 -29.26%
2014 6.308.564.000 -56.1%
2015 6.811.049.000 7.38%
2016 4.655.059.000 -46.31%
2017 8.969.159.000 48.1%
2018 12.380.951.000 27.56%
2019 7.718.853.000 -60.4%
2020 8.991.221.000 14.15%
2021 10.550.179.000 14.78%
2022 7.647.311.000 -37.96%
2023 10.767.792.000 28.98%
2023 919.503.000 -1071.04%
2024 2.951.550.000 68.85%

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 Petrochemical Corporation Equity
Year Equity Growth
2006 217.752.181.000
2007 258.232.294.000 15.68%
2008 194.035.621.000 -33.08%
2009 232.852.024.000 16.67%
2010 244.259.989.000 4.67%
2011 223.229.873.000 -9.42%
2012 206.867.655.000 -7.91%
2013 240.371.787.000 13.94%
2014 239.555.978.000 -0.34%
2015 266.723.714.000 10.19%
2016 309.099.240.000 13.71%
2017 344.146.484.000 10.18%
2018 340.656.180.000 -1.02%
2019 334.002.005.000 -1.99%
2020 312.627.068.000 -6.84%
2021 361.767.088.000 13.58%
2022 317.285.365.000 -14.02%
2023 335.676.700.000 5.48%
2023 341.218.198.000 1.62%
2024 332.178.440.000 -2.72%

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 Petrochemical Corporation Assets
Year Assets Growth
2006 439.648.300.000
2007 491.606.938.000 10.57%
2008 431.631.406.000 -13.9%
2009 449.406.784.000 3.96%
2010 451.945.963.000 0.56%
2011 462.459.217.000 2.27%
2012 467.024.359.000 0.98%
2013 482.226.907.000 3.15%
2014 473.045.156.000 -1.94%
2015 425.467.474.000 -11.18%
2016 452.363.649.000 5.95%
2017 431.540.726.000 -4.83%
2018 405.769.455.000 -6.35%
2019 398.031.793.000 -1.94%
2020 380.923.116.000 -4.49%
2021 458.757.108.000 16.97%
2022 421.781.468.000 -8.77%
2023 429.845.610.000 1.88%
2023 416.161.627.000 -3.29%
2024 428.619.969.000 2.91%

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 Petrochemical Corporation Liabilities
Year Liabilities Growth
2006 221.896.119.000
2007 233.374.644.000 4.92%
2008 237.595.785.000 1.78%
2009 216.554.760.000 -9.72%
2010 207.685.974.000 -4.27%
2011 239.229.344.000 13.19%
2012 260.156.704.000 8.04%
2013 241.855.120.000 -7.57%
2014 233.489.178.000 -3.58%
2015 158.743.760.000 -47.09%
2016 143.264.409.000 -10.8%
2017 87.394.242.000 -63.93%
2018 65.113.275.000 -34.22%
2019 64.029.788.000 -1.69%
2020 68.296.048.000 6.25%
2021 96.990.020.000 29.58%
2022 104.496.103.000 7.18%
2023 94.168.910.000 -10.97%
2023 74.943.429.000 -25.65%
2024 96.441.529.000 22.29%

Formosa Petrochemical Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
74.57
Net Income per Share
2.77
Price to Earning Ratio
19.18x
Price To Sales Ratio
0.71x
POCF Ratio
20.99
PFCF Ratio
34.16
Price to Book Ratio
1.55
EV to Sales
0.72
EV Over EBITDA
13.45
EV to Operating CashFlow
21.28
EV to FreeCashFlow
34.64
Earnings Yield
0.05
FreeCashFlow Yield
0.03
Market Cap
505,83 Bil.
Enterprise Value
512,93 Bil.
Graham Number
46.22
Graham NetNet
8.26

Income Statement Metrics

Net Income per Share
2.77
Income Quality
0.8
ROE
0.08
Return On Assets
0.06
Return On Capital Employed
0.07
Net Income per EBT
0.91
EBT Per Ebit
1.14
Ebit per Revenue
0.04
Effective Tax Rate
0.15

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.05
Operating Profit Margin
0.04
Pretax Profit Margin
0.04
Net Profit Margin
0.04

Dividends

Dividend Yield
0.04
Dividend Yield %
3.77
Payout Ratio
0.4
Dividend Per Share
2

Operating Metrics

Operating Cashflow per Share
2.53
Free CashFlow per Share
1.55
Capex to Operating CashFlow
0.39
Capex to Revenue
0.01
Capex to Depreciation
0.72
Return on Invested Capital
0.06
Return on Tangible Assets
0.06
Days Sales Outstanding
34.38
Days Payables Outstanding
11.36
Days of Inventory on Hand
53.77
Receivables Turnover
10.62
Payables Turnover
32.12
Inventory Turnover
6.79
Capex per Share
0.98

Balance Sheet

Cash per Share
7,88
Book Value per Share
34,87
Tangible Book Value per Share
34.87
Shareholders Equity per Share
34.31
Interest Debt per Share
3.11
Debt to Equity
0.09
Debt to Assets
0.07
Net Debt to EBITDA
0.19
Current Ratio
3.88
Tangible Asset Value
332,18 Bil.
Net Current Asset Value
160,06 Bil.
Invested Capital
284949494000
Working Capital
190,31 Bil.
Intangibles to Total Assets
0
Average Receivables
65,29 Bil.
Average Payables
18,07 Bil.
Average Inventory
92800896000
Debt to Market Cap
0.06

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 Petrochemical Corporation Dividends
Year Dividends Growth
2004 1
2005 3 66.67%
2006 4 25%
2007 4 0%
2008 6 33.33%
2009 1 -500%
2010 4 66.67%
2011 4 0%
2012 2 -50%
2013 0 0%
2014 3 100%
2015 1 0%
2016 4 100%
2017 6 33.33%
2018 6 0%
2019 5 -50%
2020 3 -100%
2021 1 0%
2022 4 100%
2023 1 -200%
2024 2 50%

Formosa Petrochemical Corporation Profile

About Formosa Petrochemical Corporation

Formosa Petrochemical Corporation, together with its subsidiaries, engages in the petrochemical and public utility businesses in Taiwan, Korea, the Philippines, Singapore, Malaysia, Mainland China, and internationally. The company produces and sells petroleum and petrochemical products; and water, electricity, and steam. Its products include gasoline, diesel, liquefied petroleum gas, jet fuel/kerosene, naphtha, petrochemical raw material, fuel oil/asphalt/sulphur, base oil, and lubricants. The company is also involved in the exploration and production of oil and gas; leasing of ships; and investing activities, as well as provision of transportation services. Formosa Petrochemical Corporation was incorporated in 1992 and is headquartered in Mailiao, Taiwan.

CEO
Mr. Tsao Mihn
Employee
5.218
Address
No. 1-1, Taisu Industrial Park
Mailiao, 638

Formosa Petrochemical Corporation Executives & BODs

Formosa Petrochemical Corporation Executives & BODs
# Name Age
1 Mr. Wen-Chiao Wang
MD & Director
70
2 Jean Yuh-Lang
Senior Vice President of Engineering Division
70
3 Mr. Chien-Tang Tsai
Chief Financial Officer
70
4 Mr. Chang-Pang Chang
MD & Independent Director
70
5 Mr. Keh-Yen Lin
Executive Vice President & Director
70
6 Ms. Ruey-Yu Wang
MD & Director
70
7 Mr. Hsu Chia-Hsien
Senior Vice President of Utility Division & Director
70
8 Mr. Wen-Yuan Wong
MD & Director
70
9 Mr. Te-Hsiung Hsu
Senior Vice President of Oil Products Division & Director
70
10 Mr. Tsao Mihn
President & Chairman of the Board
70

Formosa Petrochemical Corporation Competitors