Formosa Advanced Technologies Co., Ltd. Logo

Formosa Advanced Technologies Co., Ltd.

8131.TW

(2.8)
Stock Price

34,65 TWD

5.19% ROA

6% ROE

22.24x PER

Market Cap.

15.544.110.330,00 TWD

4.32% DER

2.56% Yield

8.43% NPM

Formosa Advanced Technologies Co., Ltd. Stock Analysis

Formosa Advanced Technologies Co., Ltd. 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 Advanced Technologies Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

2 DER

The stock has a low debt to equity ratio (5%), which means it has a small amount of debt compared to the ownership it holds

3 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.

4 ROE

ROE in an average range (11.3%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 PBV

The stock's PBV ratio (1.46x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

7 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

8 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (261) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 Revenue 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 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

11 Assets Growth

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

Formosa Advanced Technologies Co., Ltd. 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 Advanced Technologies Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Formosa Advanced Technologies Co., Ltd. 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 Advanced Technologies Co., Ltd. Revenue
Year Revenue Growth
2006 6.433.416.000
2007 8.910.462.000 27.8%
2008 10.177.230.000 12.45%
2009 8.956.145.000 -13.63%
2010 11.819.772.000 24.23%
2011 11.860.894.000 0.35%
2012 10.653.513.000 -11.33%
2013 8.961.086.000 -18.89%
2014 9.204.384.000 2.64%
2015 8.760.789.000 -5.06%
2016 8.491.396.000 -3.17%
2017 7.888.494.000 -7.64%
2018 8.785.525.000 10.21%
2019 9.457.849.000 7.11%
2020 9.706.776.000 2.56%
2021 9.939.192.000 2.34%
2022 10.433.443.000 4.74%
2023 6.564.432.000 -58.94%
2023 7.648.594.000 14.17%
2024 9.350.196.000 18.2%

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 Advanced Technologies Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 26.553.000
2007 42.899.000 38.1%
2008 56.816.000 24.49%
2009 39.831.000 -42.64%
2010 41.262.000 3.47%
2011 47.029.000 12.26%
2012 47.103.000 0.16%
2013 48.399.000 2.68%
2014 50.326.000 3.83%
2015 52.196.000 3.58%
2016 53.925.000 3.21%
2017 59.813.000 9.84%
2018 80.976.000 26.13%
2019 98.867.000 18.1%
2020 124.950.000 20.87%
2021 137.229.000 8.95%
2022 162.930.000 15.77%
2023 170.060.000 4.19%
2023 105.204.000 -61.65%
2024 260.060.000 59.55%

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 Advanced Technologies Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 36.572.000
2007 64.542.000 43.34%
2008 56.204.000 -14.84%
2009 53.568.000 -4.92%
2010 52.071.000 -2.87%
2011 55.336.000 5.9%
2012 52.291.000 -5.82%
2013 49.164.000 -6.36%
2014 55.552.000 11.5%
2015 59.569.000 6.74%
2016 62.803.000 5.15%
2017 61.370.000 -2.34%
2018 60.621.000 -1.24%
2019 55.568.000 -9.09%
2020 57.735.000 3.75%
2021 60.551.000 4.65%
2022 67.134.000 9.81%
2023 103.716.000 35.27%
2023 81.091.000 -27.9%
2024 89.884.000 9.78%

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 Advanced Technologies Co., Ltd. EBITDA
Year EBITDA Growth
2006 2.235.611.000
2007 3.190.243.000 29.92%
2008 3.047.046.000 -4.7%
2009 2.706.254.000 -12.59%
2010 4.184.841.000 35.33%
2011 4.879.292.000 14.23%
2012 3.949.356.000 -23.55%
2013 2.891.502.000 -36.58%
2014 3.034.123.000 4.7%
2015 2.943.718.000 -3.07%
2016 2.665.017.000 -10.46%
2017 2.561.765.000 -4.03%
2018 2.928.396.000 12.52%
2019 3.324.215.000 11.91%
2020 3.341.786.000 0.53%
2021 3.355.344.000 0.4%
2022 3.806.820.000 11.86%
2023 1.368.628.000 -178.15%
2023 1.551.298.000 11.78%
2024 2.182.192.000 28.91%

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 Advanced Technologies Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 1.244.431.000
2007 1.842.633.000 32.46%
2008 1.269.095.000 -45.19%
2009 523.584.000 -142.39%
2010 1.851.995.000 71.73%
2011 1.689.322.000 -9.63%
2012 565.176.000 -198.9%
2013 108.931.000 -418.84%
2014 1.176.752.000 90.74%
2015 1.570.054.000 25.05%
2016 1.374.287.000 -14.24%
2017 1.308.405.000 -5.04%
2018 1.673.937.000 21.84%
2019 1.652.387.000 -1.3%
2020 1.889.714.000 12.56%
2021 2.088.876.000 9.53%
2022 2.191.188.000 4.67%
2023 3.152.000 -69417.39%
2023 540.687.000 99.42%
2024 1.468.716.000 63.19%

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 Advanced Technologies Co., Ltd. Net Profit
Year Net Profit Growth
2006 1.203.753.000
2007 1.732.924.000 30.54%
2008 1.014.244.000 -70.86%
2009 73.732.000 -1275.58%
2010 1.528.022.000 95.17%
2011 1.189.927.000 -28.41%
2012 290.882.000 -309.08%
2013 116.936.000 -148.75%
2014 843.427.000 86.14%
2015 1.127.081.000 25.17%
2016 1.022.556.000 -10.22%
2017 1.393.086.000 26.6%
2018 1.420.293.000 1.92%
2019 1.262.496.000 -12.5%
2020 1.402.677.000 9.99%
2021 1.557.008.000 9.91%
2022 2.055.289.000 24.24%
2023 175.060.000 -1074.05%
2023 530.215.000 66.98%
2024 1.133.892.000 53.24%

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 Advanced Technologies Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 4
2007 4 25%
2008 2 -100%
2009 0 0%
2010 3 100%
2011 3 -50%
2012 1 0%
2013 0 0%
2014 2 100%
2015 3 50%
2016 2 0%
2017 3 33.33%
2018 3 0%
2019 3 -50%
2020 3 33.33%
2021 4 0%
2022 5 25%
2023 0 0%
2023 1 100%
2024 3 50%

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 Advanced Technologies Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -834.914.000
2007 -1.334.342.000 37.43%
2008 333.558.000 500.03%
2009 388.934.000 14.24%
2010 210.779.000 -84.52%
2011 2.399.676.000 91.22%
2012 3.675.849.000 34.72%
2013 2.662.950.000 -38.04%
2014 1.389.397.000 -91.66%
2015 2.423.157.000 42.66%
2016 1.923.084.000 -26%
2017 765.912.000 -151.08%
2018 -991.908.000 177.22%
2019 742.663.000 233.56%
2020 2.345.614.000 68.34%
2021 2.582.747.000 9.18%
2022 2.742.140.000 5.81%
2023 1.129.318.000 -142.81%
2023 440.771.000 -156.21%
2024 458.804.000 3.93%

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 Advanced Technologies Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 1.997.623.000
2007 2.536.176.000 21.23%
2008 2.888.965.000 12.21%
2009 1.986.258.000 -45.45%
2010 4.281.312.000 53.61%
2011 4.850.359.000 11.73%
2012 4.032.537.000 -20.28%
2013 2.852.637.000 -41.36%
2014 2.012.812.000 -41.72%
2015 3.177.633.000 36.66%
2016 2.642.071.000 -20.27%
2017 2.358.444.000 -12.03%
2018 2.266.218.000 -4.07%
2019 2.328.305.000 2.67%
2020 3.098.204.000 24.85%
2021 2.983.136.000 -3.86%
2022 3.335.939.000 10.58%
2023 1.846.790.000 -80.63%
2023 536.101.000 -244.49%
2024 643.010.000 16.63%

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 Advanced Technologies Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 2.832.537.000
2007 3.870.518.000 26.82%
2008 2.555.407.000 -51.46%
2009 1.597.324.000 -59.98%
2010 4.070.533.000 60.76%
2011 2.450.683.000 -66.1%
2012 356.688.000 -587.07%
2013 189.687.000 -88.04%
2014 623.415.000 69.57%
2015 754.476.000 17.37%
2016 718.987.000 -4.94%
2017 1.592.532.000 54.85%
2018 3.258.126.000 51.12%
2019 1.585.642.000 -105.48%
2020 752.590.000 -110.69%
2021 400.389.000 -87.96%
2022 593.799.000 32.57%
2023 717.472.000 17.24%
2023 95.330.000 -652.62%
2024 184.206.000 48.25%

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 Advanced Technologies Co., Ltd. Equity
Year Equity Growth
2006 6.769.762.000
2007 8.877.240.000 23.74%
2008 7.890.271.000 -12.51%
2009 8.296.128.000 4.89%
2010 9.410.663.000 11.84%
2011 9.408.249.000 -0.03%
2012 8.941.368.000 -5.22%
2013 8.619.536.000 -3.73%
2014 9.317.725.000 7.49%
2015 9.809.024.000 5.01%
2016 10.270.670.000 4.49%
2017 11.081.493.000 7.32%
2018 11.356.479.000 2.42%
2019 11.430.073.000 0.64%
2020 11.815.167.000 3.26%
2021 12.302.014.000 3.96%
2022 12.711.289.000 3.22%
2023 11.807.236.000 -7.66%
2023 11.690.770.000 -1%
2024 11.606.052.000 -0.73%

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 Advanced Technologies Co., Ltd. Assets
Year Assets Growth
2006 10.448.652.000
2007 15.878.761.000 34.2%
2008 15.180.677.000 -4.6%
2009 15.298.968.000 0.77%
2010 17.552.041.000 12.84%
2011 16.133.126.000 -8.8%
2012 12.427.677.000 -29.82%
2013 9.359.804.000 -32.78%
2014 10.526.838.000 11.09%
2015 10.916.244.000 3.57%
2016 11.357.367.000 3.88%
2017 12.175.181.000 6.72%
2018 12.674.574.000 3.94%
2019 13.274.923.000 4.52%
2020 13.609.010.000 2.45%
2021 14.232.091.000 4.38%
2022 14.769.584.000 3.64%
2023 13.263.438.000 -11.36%
2023 13.086.064.000 -1.36%
2024 13.475.829.000 2.89%

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 Advanced Technologies Co., Ltd. Liabilities
Year Liabilities Growth
2006 3.678.890.000
2007 7.001.521.000 47.46%
2008 7.290.406.000 3.96%
2009 7.002.840.000 -4.11%
2010 8.141.378.000 13.98%
2011 6.724.877.000 -21.06%
2012 3.486.309.000 -92.89%
2013 740.268.000 -370.95%
2014 1.209.113.000 38.78%
2015 1.107.220.000 -9.2%
2016 1.086.697.000 -1.89%
2017 1.093.688.000 0.64%
2018 1.318.095.000 17.03%
2019 1.844.850.000 28.55%
2020 1.793.843.000 -2.84%
2021 1.930.077.000 7.06%
2022 2.058.295.000 6.23%
2023 1.456.202.000 -41.35%
2023 1.395.294.000 -4.37%
2024 1.869.777.000 25.38%

Formosa Advanced Technologies Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
18.76
Net Income per Share
1.58
Price to Earning Ratio
22.24x
Price To Sales Ratio
1.87x
POCF Ratio
10.41
PFCF Ratio
18.04
Price to Book Ratio
1.34
EV to Sales
1.32
EV Over EBITDA
5.91
EV to Operating CashFlow
7.35
EV to FreeCashFlow
12.73
Earnings Yield
0.04
FreeCashFlow Yield
0.06
Market Cap
15,54 Bil.
Enterprise Value
10,97 Bil.
Graham Number
30.55
Graham NetNet
15.91

Income Statement Metrics

Net Income per Share
1.58
Income Quality
2.1
ROE
0.06
Return On Assets
0.05
Return On Capital Employed
0.06
Net Income per EBT
0.81
EBT Per Ebit
1.23
Ebit per Revenue
0.08
Effective Tax Rate
0.19

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.1
Operating Profit Margin
0.08
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.03
Dividend Yield %
2.56
Payout Ratio
2.09
Dividend Per Share
0.9

Operating Metrics

Operating Cashflow per Share
3.38
Free CashFlow per Share
1.95
Capex to Operating CashFlow
0.42
Capex to Revenue
0.08
Capex to Depreciation
0.55
Return on Invested Capital
0.05
Return on Tangible Assets
0.05
Days Sales Outstanding
116.63
Days Payables Outstanding
12.91
Days of Inventory on Hand
35.64
Receivables Turnover
3.13
Payables Turnover
28.28
Inventory Turnover
10.24
Capex per Share
1.43

Balance Sheet

Cash per Share
14,82
Book Value per Share
26,24
Tangible Book Value per Share
26.24
Shareholders Equity per Share
26.24
Interest Debt per Share
1.15
Debt to Equity
0.04
Debt to Assets
0.04
Net Debt to EBITDA
-2.46
Current Ratio
7.77
Tangible Asset Value
11,61 Bil.
Net Current Asset Value
8,15 Bil.
Invested Capital
11476244000
Working Capital
8,73 Bil.
Intangibles to Total Assets
0
Average Receivables
2,71 Bil.
Average Payables
0,25 Bil.
Average Inventory
724361000
Debt to Market Cap
0.03

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 Advanced Technologies Co., Ltd. Dividends
Year Dividends Growth
2008 3
2009 1 -200%
2010 1 0%
2011 3 100%
2012 2 -100%
2013 1 0%
2014 0 0%
2015 1 100%
2016 2 50%
2017 2 0%
2018 3 0%
2019 3 0%
2020 2 0%
2021 2 0%
2022 3 0%
2023 3 33.33%
2024 1 0%

Formosa Advanced Technologies Co., Ltd. Profile

About Formosa Advanced Technologies Co., Ltd.

Formosa Advanced Technologies Co., Ltd. provides wafer probe, integrated circuit (IC) assembly and testing, module turnkey, and LED chip services in Taiwan. It provides IC package solutions for portable electronic products, cell phones, memory modules, PC cards, PDAs, disc drives, and telephone handsets; DIMM products for laptops; flash cards; and LED products comprising PLCC, EMC, and UV LED products. The company also offers assembly services; and testing services, including wafer probe, burn in, and final testing services for memory, and logical and mixed-signal semiconductors, as well as testing program verification, tester/hi-fix correlation, engineering lot support, production lot verification, and periodical report. In addition, it provides module services, such as customized products, and OEM and ODM services, as well as blank DRAM modules, including U-DIMM, SO-DIMM, R-DIMM, and FB-DIMM; and LED chip back-end services, such as grinding, dicing, probing, sorting, and PI services. The company was founded in 1990 and is headquartered in Douliou City, Taiwan.

CEO
Mr. Hsien-Cheng Chang
Employee
2.313
Address
329, Ho-Nan Street
Douliou, 640

Formosa Advanced Technologies Co., Ltd. Executives & BODs

Formosa Advanced Technologies Co., Ltd. Executives & BODs
# Name Age
1 Yi-Jian Lin
Chief Information Security Officer
70
2 Mr. Hsien-Cheng Chang
Head of Corporate Governance, Acting President & Director
70
3 Xin-Rong Lin
Finance Manager
70
4 Ms. Tsai-Hsien Lin
Principal Accounting Officer
70
5 Chih-Hao Huang
Chief Internal Auditor
70

Formosa Advanced Technologies Co., Ltd. Competitors