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Formosa Plastics Corp

Formosa Plastics Corp

1301 · TW · Basic Materials / Specialty Chemicals

71.10TWD+2.80 (+4.10%)

Price History

Full chart

Market Stats

Previous Close68.30
Open69.70
Day Range69.70 – 71.70
52-Week Range36.25 – 71.20
Volume23.87M
Market Cap425.23B
P/E (TTM)40.73
Forward P/E18.69
EPS1.64
Dividend Yield0.73%
Beta0.49
50-Day Avg61.26
200-Day Avg51.58

About

Formosa Plastics Corporation engages in the manufacture and sale of plastic raw materials, chemical fibers, and related petrochemical industrial products in Taiwan, China, and internationally. It operates through Plastic, Polyolefin, Polypropylene, Tairylan, Chemical, and Other segments. The company offers plastic raw materials, such as polyvinyl chloride, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and composite granules; and carbon fiber products. It also provides chemical products, including liquid alkali, solid alkali, liquid and vinyl chlorine, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylic acid, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol products; and antibacterial superabsorbent resin. In addition, the company offers other materials comprising PEEK carbon fiber composites, processing aids, impact-resistant modifier, Haibo, chlorinated solvents purifying hydrogen, lithium-ion battery electrolyte, lime, calcium carbonate powder, and hydrochloric acid; and programmable automation consisting of process computer DCS system, warehouse logistics control system, RTPMS real-time production management system, safety control system, and LIMS laboratory information management systems. Its products are applied in daily necessities, outdoor sports, mechanical engineering, building materials and coatings, 3C home appliances, civil engineering agriculture and animal husbandry, and other applications. The company was incorporated in 1954 and is based in Kaohsiung, Taiwan.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Jerry Lin
  • Employees0
  • HeadquartersNo. 100, Shuiguan Road, Kaohsiung, Taiwan, 814, Taiwan
  • Websitehttps://www.fpc.com.tw

Leadership

  • Mr. Jerry LinPresident
  • Mr. Wen-Chiao WangMD & Executive Director
  • Mr. Chi-Lin Wei Ph.D.MD & Independent Director · b. 1948
  • Ms. Ruey-Yu WangMD & Executive Director · b. 1962
  • Mr. Wen-Yuan WongMD & Executive Director
  • Mr. Tony LiangExecutive Vice President
  • Mr. Qiting LiuAssistant Vice President of Accounting Department
  • Mr. Jiahong JianHead of Corporate Governance
  • Mr. Yunqing OuSenior Vice President
  • Mr. Yingyuan LiDeputy General Manager

Financials

Income Statement

Currency: TWD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue62.81B68.54B76.34B95.16B137.99B158.60B155.32B193.58B200.18B180.07B225.32B217.04B196.88B215.42B216.59B191.55B180.17B206.71B230.37B207.85B185.81B273.60B251.65B199.14B200.04B175.41B
Growth (%)-+9.12%+11.38%+24.66%+45.02%+14.93%-2.06%+24.63%+3.41%-10.04%+25.13%-3.68%-9.29%+9.42%+0.54%-11.56%-5.94%+14.73%+11.45%-9.78%-10.60%+47.24%-8.02%-20.87%+0.45%-12.31%
Cost of Revenue47.97B54.56B57.86B74.45B103.05B124.69B136.60B165.66B183.89B157.24B184.33B181.59B181.57B199.76B200.04B169.72B155.87B173.24B193.06B175.73B156.76B197.44B209.09B189.31B189.89B169.81B
Gross Profit------18.72B27.93B16.29B22.83B40.99B35.45B15.31B15.66B16.55B21.83B24.30B33.47B37.31B32.11B29.05B76.16B42.56B9.83B10.15B5.60B
Gross Margin------12.05%14.43%8.14%12.68%18.19%16.33%7.78%7.27%7.64%11.39%13.49%16.19%16.19%15.45%15.64%27.84%16.91%4.93%5.07%3.19%
Operating Expense------7.61B9.36B9.28B9.08B9.83B10.05B9.99B11.08B11.04B11.32B11.28B11.53B11.97B-11.46B3.68B-10.67B-2.27B13.85B14.32B13.11B
Operating Income4.59B2.54B7.40B8.95B22.10B18.65B11.12B18.57B7.01B13.75B31.16B25.40B5.32B4.58B5.51B10.50B13.02B21.94B25.34B43.58B25.37B86.83B44.83B-4.03B-4.17B-7.51B
Operating Margin7.30%3.70%9.70%9.40%16.02%11.76%7.16%9.59%3.50%7.63%13.83%11.70%2.70%2.13%2.55%5.48%7.22%10.61%11.00%20.97%13.65%31.74%17.81%-2.02%-2.09%-4.28%
EBITDA------43.26B63.28B32.11B44.27B64.91B54.34B28.04B33.51B13.61B44.84B54.18B64.88B32.79B50.97B33.38B95.09B53.29B9.23B9.82B3.06B
EBITDA Margin------27.85%32.69%16.04%24.59%28.81%25.04%14.24%15.56%6.29%23.41%30.07%31.39%14.24%24.52%17.96%34.76%21.18%4.64%4.91%1.74%
Net Income12.90B6.71B9.90B16.61B36.35B33.19B30.89B47.81B19.71B27.53B45.55B35.72B14.66B20.72B17.99B30.88B39.39B49.38B49.55B37.32B20.04B71.36B36.14B7.34B-1.23B-10.05B
Net Income Margin20.53%9.78%12.97%17.45%26.34%20.93%19.89%24.70%9.85%15.29%20.21%16.46%7.45%9.62%8.31%16.12%21.86%23.89%21.51%17.96%10.78%26.08%14.36%3.68%-0.62%-5.73%
R&D207.66M901.79M634.47M487.01M2.72B352.38M535.46M805.05M917.43M731.33M819.57M1.13B931.35M892.28M918.04M853.49M788.41M968.39M1.14B1.25B1.07B1.71B1.89B1.78B1.65B1.48B
R&D as % of Total Revenue0.33%1.32%0.83%0.51%1.97%0.22%0.34%0.42%0.46%0.41%0.36%0.52%0.47%0.41%0.42%0.45%0.44%0.47%0.49%0.60%0.57%0.63%0.75%0.89%0.82%0.84%
Interest Expense0000001.91B2.09B2.07B1.65B1.29B1.25B1.33B1.48B1.57B1.35B1.40B1.53B1.48B1.36B1.21B790.44M1.04B2.11B3.24B3.20B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%1.23%1.08%1.04%0.92%0.57%0.58%0.67%0.69%0.72%0.71%0.78%0.74%0.64%0.65%0.65%0.29%0.41%1.06%1.62%1.82%

Balance Sheet

Currency: TWD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets169.59B171.27B179.48B191.05B223.03B245.26B305.58B363.50B294.40B331.15B355.31B348.67B360.05B408.75B431.09B423.50B455.67B476.07B501.51B497.09B479.28B543.68B511.25B530.74B496.83B557.50B
Total Liabilities82.76B81.24B82.57B83.12B87.70B94.80B113.03B114.20B114.20B105.82B94.46B107.42B133.43B146.31B145.19B136.07B142.60B131.06B145.95B147.93B146.74B140.49B153.57B183.38B207.85B194.28B
Total Equity86.82B90.03B96.92B107.93B135.33B150.46B192.55B249.30B180.20B225.33B260.84B241.26B226.62B262.44B285.89B287.43B313.07B345.01B355.57B349.15B332.54B403.19B357.68B347.36B288.98B363.22B
Cash2.43B1.48B821.50M4.21B4.82B3.88B1.42B2.87B4.10B8.17B12.98B7.89B10.21B7.67B5.39B19.76B19.88B18.17B23.31B18.17B14.15B13.72B17.11B6.15B18.20B10.63B
Total Debt------81.10B81.89B92.43B74.90B59.46B74.83B99.06B101.72B102.14B84.06B93.17B74.61B80.37B74.47B76.98B56.43B93.73B132.14B140.59B130.74B
Net Debt------79.68B79.02B88.33B66.72B46.49B66.94B88.86B94.05B96.74B64.31B73.29B56.44B57.06B56.31B62.83B42.71B76.62B125.99B122.39B120.11B

Cash Flow

Currency: TWD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.93B6.52B13.50B19.21B29.82B35.97B33.55B43.94B38.02B36.21B54.46B44.92B24.24B16.27B13.44B40.85B36.61B46.08B50.51B46.58B31.44B57.86B56.80B6.16B11.46B6.62B
Investing Cash Flow-------27.82B-13.42B-7.92B-5.66B-8.37B-24.20B-21.73B-14.22B-3.97B1.10B-20.51B-4.10B-20.49B-20.52B-3.92B-21.82B-18.32B-27.49B-17.81B-6.10B
Financing Cash Flow7.15B------9.70B-28.03B-27.44B-26.69B-41.51B-25.91B-59.44M-4.89B-11.63B-27.49B-15.58B-43.42B-24.75B-31.55B-32.57B-35.99B-30.41B12.53B17.58B-8.86B
Capital Expenditure12.33B4.75B3.56B3.65B9.34B21.18B18.66B16.00B7.39B3.24B2.56B3.68B8.36B13.24B8.08B5.65B3.47B6.71B15.73B17.35B9.10B18.28B14.79B13.64B16.20B14.56B
Free Cash Flow------14.89B27.95B30.63B32.97B51.90B41.24B15.88B3.03B5.36B35.20B33.14B39.37B34.78B29.23B22.35B39.58B42.01B-7.48B-4.74B-7.94B
Dividends Paid3.17B3.82B2.95B5.40B8.59B18.21B23.00B25.13B38.30B9.99B24.76B41.57B24.46B7.34B12.09B10.34B23.36B29.22B36.29B36.93B28.01B15.28B52.17B26.75B6.35B3.16B
FCF to OCF------44.39%63.59%80.57%91.04%95.30%91.81%65.52%18.61%39.91%86.17%90.52%85.44%68.86%62.76%71.07%68.40%73.97%-121.47%-41.33%-119.98%
Dividend Paid to FCF------154.42%89.92%125.06%30.31%47.72%100.81%153.99%242.39%225.50%29.37%70.50%74.23%104.35%126.31%125.35%38.61%124.18%-357.59%-134.14%-39.74%

Earnings

Report DateOct 28, 2004Jan 24, 2005Apr 29, 2005Aug 26, 2005Apr 28, 2006Oct 26, 2006Apr 27, 2007Oct 26, 2007Apr 29, 2008Aug 25, 2008Oct 30, 2008Mar 24, 2009Apr 1, 2009Aug 27, 2009Oct 28, 2009Mar 23, 2010Apr 27, 2010Jul 15, 2010Oct 29, 2010Mar 22, 2011May 2, 2011Aug 29, 2011Oct 26, 2011Mar 20, 2012Apr 30, 2012Aug 31, 2012Oct 30, 2012Mar 25, 2013May 15, 2013Aug 12, 2013Nov 12, 2013May 13, 2014Aug 11, 2014Nov 11, 2014Mar 24, 2015Apr 10, 2015Aug 11, 2015Nov 10, 2015Jan 11, 2016May 9, 2016Aug 8, 2016Nov 8, 2016Jan 9, 2017May 8, 2017Aug 8, 2017Nov 12, 2017Mar 22, 2018Apr 10, 2018Aug 7, 2018Nov 13, 2018Mar 25, 2019Apr 10, 2019Aug 13, 2019Nov 12, 2019Jan 10, 2020May 13, 2020Aug 12, 2020Nov 11, 2020Mar 17, 2021Apr 9, 2021Aug 11, 2021Nov 10, 2021Mar 10, 2022May 10, 2022Aug 11, 2022Nov 10, 2022Mar 13, 2023Apr 11, 2023Aug 9, 2023Nov 9, 2023Mar 6, 2024May 8, 2024Aug 8, 2024Nov 7, 2024Mar 14, 2025May 6, 2025Aug 5, 2025Nov 12, 2025Mar 6, 2026May 7, 2026Aug 12, 2026Nov 18, 2026
EPS Estimate0.881.332.041.250.831.111.112.521.44-1.73--0.470.94--1.061.701.651.52-1.93-1.67--1.390.47-0.620.930.780.731.160.860.751.621.430.990.831.511.621.101.301.632.071.831.742.242.460.291.511.612.231.170.300.191.601.931.592.382.432.502.292.311.480.370.670.550.990.140.080.260.660.03-0.04-0.160.240.06-0.081.671.56
EPS Actual1.581.781.820.900.621.921.163.151.102.092.21-2.29-2.301.211.441.211.291.862.071.942.381.731.370.130.76-0.191.270.460.860.491.021.130.591.190.230.571.711.650.920.901.601.791.901.551.532.662.021.872.692.860.361.281.632.460.49-0.06-0.101.631.682.353.183.542.652.603.330.90-1.160.370.191.05-0.460.030.21-0.490.050.01-1.08-0.09-0.430.511.71-
Surprise79.55%33.83%-10.78%-28.00%-25.30%72.97%4.50%25.00%-23.61%-27.75%--389.36%28.72%--21.70%9.41%25.45%27.63%--10.36%--92.22%---8.63%-2.13%--20.97%9.68%44.87%-19.18%2.59%-73.26%-24.00%5.56%15.38%-7.07%8.43%5.96%10.49%72.73%19.23%-6.13%28.50%10.38%7.47%20.09%16.26%24.14%-15.23%1.24%10.31%-58.12%-120.00%-152.63%1.88%-12.95%47.80%33.61%45.68%6.00%13.54%44.16%-39.19%-413.51%-44.78%-65.45%6.06%-428.57%-62.50%-19.23%-174.24%66.67%125.00%-575.00%-137.50%-816.67%737.50%2.40%-
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market-Pre-marketPre-market--After-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-After-hours--After-hoursAfter-hours-After-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap425.23B
Enterprise Value263.72B
Trailing P/E40.73
Forward P/E18.69
PEG Ratio12.01
Price / Sales2.47
Price / Book0.70
EPS1.64
Book Value90.21
Revenue (TTM)172.06B
Gross Profit (TTM)9.09B
EBITDA7.07B
Profit Margin6.07%
Operating Margin6.09%
Return on Equity2.49%
Return on Assets-0.35%
Shares Outstanding6.37B
Shares Float4.12B
Beta0.49
Dividend Yield0.73%
Dividend Rate0.50
Payout Ratio60.98%

Dividends

20231×
4.20Jun 27, 2023
20221×
8.20Jul 5, 2022
20211×
2.40Jul 30, 2021
20201×
4.40Jul 2, 2020
20191×
5.80Jul 2, 2019
20181×
5.70Jul 11, 2018
20171×
4.60Jul 12, 2017
20161×
3.60Jul 13, 2016
20151×
1.70Jul 15, 2015
20141×
1.90Jul 3, 2014
20131×
1.20Jul 17, 2013
20121×
3.85Jul 9, 2012
20111×
6.54Jul 11, 2011
20101×
3.85Jul 15, 2010
20091×
1.73Jul 8, 2009
20081×
6.02Jul 8, 2008
20071×
3.95Jul 3, 2007
20061×
3.68Jul 5, 2006
20051×
3.14Jun 22, 2005
20041×
1.44Jun 15, 2004
20031×
0.85Jun 12, 2003
20021×
0.47Jun 13, 2002
20011×
0.61Jun 5, 2001
20001×
0.50Jun 5, 2000

Stock Splits

  • Jul 17, 201326:25
  • Jul 8, 2009107:100
  • Jul 5, 2006103:100
  • Jun 22, 2005109:100
  • Jun 15, 200453:50
  • Jul 1, 200353:50
  • Jul 5, 2002107:100
  • Jul 5, 200111:10
  • Jul 6, 2000109:100
  • Jul 17, 1999107:100
  • Jan 8, 1999337:333
  • Jun 26, 199857:50
  • Jun 24, 1997109:100
  • Aug 18, 199427:25