YOLFTbeta
14

Formosa Taffeta Co Ltd

1434 · TW · Consumer Cyclical / Textile Manufacturing

17.45TWD+0.05 (+0.29%)

Price History

Full chart

Market Stats

Previous Close17.40
Open17.50
Day Range17.40 – 17.70
52-Week Range14.40 – 21.00
Volume1.15M
Market Cap30.20B
P/E (TTM)19.51
Forward P/E21.46
EPS0.92
Dividend Yield2.79%
Beta0.14
50-Day Avg17.85
200-Day Avg17.00

About

Formosa Taffeta Co., Ltd. operates in the textile industry in Taiwan and Asia. The company offers eco-friendly, sports and outdoor, safety, and lifestyle fabrics. It also offers umbrella, carbon fiber, spun yarn, tire cord, and PE plastic bags. In addition, it is involved in accepting commissions to handle urban land rezoning; residential and building development, and leasing; development of new towns, communities, and specific specialized zones; manufacturing, processing and sales of textiles, fabrics, dyeing and finishing, carpets, curtains, and cleaning products; sales of polyurethane fabrics and polyurethane textiles; polyurethane fabric, polyester long fiber, and tire curtain fabric; dyeing and finishing processes; polyester long fiber gray fabrics, colored fabrics, printed fabrics, and twisted yarns; employment services, manpower dispatch, and intermediary services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was founded in 1973 and is headquartered in Douliou City, Taiwan.

Company Details

  • SectorConsumer Cyclical
  • IndustryTextile Manufacturing
  • CEOMr. Ming-Chang Lee
  • Employees6.91K
  • HeadquartersNo. 317, Shuliu Road, Douliou, Taiwan, 640402, Taiwan
  • Websitehttps://www.ftc.com.tw

Leadership

  • Mr. Ming-Chang LeePresident & Director
  • Mr. Hung-Ning ChengCFO, Chief Corporate Governance Officer & VP of Administration
  • Mr. Hung-Chi ChangChief Audit Executive & Division Manager
  • Mr. Chien Kuan LeeExecutive VP & Director
  • Li-Jen WuSenior Vice President
  • Hsiu-Chi YangChief Information Security Officer
  • Mr. Jian-Kuan LeeVice President of the 1st Business Segment

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 Revenue18.75B18.61B21.43B23.62B28.35B33.86B37.91B41.49B42.25B39.55B49.27B53.21B50.29B47.76B48.19B42.87B39.85B40.71B44.55B36.76B28.78B32.80B34.72B28.50B28.72B27.54B
Growth (%)--0.78%+15.19%+10.18%+20.06%+19.43%+11.95%+9.45%+1.83%-6.39%+24.57%+7.99%-5.48%-5.04%+0.91%-11.04%-7.05%+2.15%+9.43%-17.47%-21.70%+13.95%+5.86%-17.92%+0.75%-4.08%
Cost of Revenue13.53B14.11B18.39B20.47B23.24B21.36B33.46B36.64B38.07B35.08B42.80B46.52B45.62B43.19B42.45B36.73B34.35B35.57B39.26B33.00B25.77B28.63B30.95B25.97B25.64B24.46B
Gross Profit------4.44B4.85B4.18B4.47B6.46B6.68B4.66B4.57B5.74B6.14B5.49B5.14B5.28B3.76B3.01B4.17B3.77B2.53B3.07B3.08B
Gross Margin------11.72%11.70%9.90%11.30%13.12%12.56%9.28%9.57%11.91%14.32%13.79%12.62%11.86%10.23%10.47%12.72%10.85%8.88%10.70%11.19%
Operating Expense------2.43B2.58B2.44B2.39B2.58B2.59B2.50B2.55B2.84B2.81B2.72B2.68B2.82B-1.62B588.57M1.63B-159.15M2.25B2.41B2.34B
Operating Income2.36B1.35B1.22B1.11B1.14B1.78B2.01B2.27B1.74B2.08B3.89B4.10B2.17B2.02B2.90B3.33B2.77B2.46B2.46B5.38B2.42B2.54B3.93B280.64M660.58M741.71M
Operating Margin12.57%7.24%5.69%4.71%4.02%5.25%5.30%5.47%4.11%5.26%7.89%7.70%4.31%4.23%6.01%7.77%6.96%6.05%5.52%14.64%8.42%7.75%11.31%0.98%2.30%2.69%
EBITDA------6.87B11.59B7.77B3.81B9.09B8.09B7.90B6.00B6.26B6.19B5.41B4.64B5.75B6.49B3.26B3.31B4.71B1.66B3.31B2.04B
EBITDA Margin------18.13%27.93%18.39%9.64%18.45%15.20%15.71%12.56%13.00%14.44%13.58%11.40%12.91%17.65%11.31%10.09%13.57%5.82%11.54%7.39%
Net Income2.29B1.02B1.75B1.59B2.10B2.56B3.40B7.37B3.00B91.32M4.09B2.08B2.41B2.13B3.52B2.83B3.48B4.28B4.74B5.19B2.10B2.14B3.40B444.55M1.49B865.25M
Net Income Margin12.20%5.47%8.18%6.73%7.40%7.57%8.98%17.77%7.11%0.23%8.30%3.91%4.79%4.46%7.30%6.60%8.74%10.51%10.64%14.11%7.28%6.53%9.81%1.56%5.19%3.14%
R&D2.67M5.68M16.80M15.94M21.56M----39.83M41.26M47.03M47.11M48.40M50.33M52.20M53.92M59.81M80.98M-------
R&D as % of Total Revenue0.01%0.03%0.08%0.07%0.08%----0.10%0.08%0.09%0.09%0.10%0.10%0.12%0.14%0.15%0.18%-------
Interest Expense000000480.50M621.10M586.86M326.29M238.34M263.70M243.99M215.88M211.87M190.35M177.76M185.19M211.41M218.38M161.69M154.41M221.69M348.88M335.40M309.64M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%1.27%1.50%1.39%0.83%0.48%0.50%0.49%0.45%0.44%0.44%0.45%0.45%0.47%0.59%0.56%0.47%0.64%1.22%1.17%1.12%

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 Assets34.39B37.03B37.33B40.24B43.11B46.09B74.07B88.20B72.89B79.10B87.20B83.27B76.67B76.62B74.89B80.06B92.03B94.70B93.03B80.76B79.46B81.34B75.41B71.66B52.36B57.14B
Total Liabilities15.06B17.42B16.73B19.26B20.97B22.53B23.95B24.34B26.61B24.85B26.17B25.74B22.09B22.41B22.46B23.99B21.75B21.52B18.06B16.54B17.98B19.10B19.64B17.31B15.45B14.80B
Total Equity19.07B19.42B20.60B20.99B22.14B23.20B48.94B60.81B43.58B51.41B57.79B54.30B51.52B51.25B49.22B52.70B66.75B69.38B68.91B64.22B61.48B62.24B55.77B54.35B36.91B42.34B
Cash1.36B930.53M924.72M899.62M1.15B2.17B1.57B2.93B3.90B2.06B2.61B1.81B2.71B3.06B3.80B5.64B5.65B4.94B3.39B3.24B3.08B3.47B5.22B4.24B3.52B3.23B
Total Debt------17.47B17.09B21.48B17.41B17.63B17.50B14.29B15.43B14.82B15.91B15.75B15.63B12.25B11.33B13.80B14.54B14.83B13.57B11.51B11.20B
Net Debt------15.90B14.16B17.58B15.35B15.02B15.69B11.58B12.37B11.03B10.27B10.09B10.69B8.86B8.10B10.72B11.07B9.61B9.33B7.98B7.97B

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 Flow2.89B2.52B2.47B2.76B3.91B3.48B5.21B5.30B7.65B6.93B8.05B8.86B9.04B5.49B5.82B6.00B4.90B6.34B5.57B6.75B4.22B2.43B3.62B4.09B3.31B2.54B
Investing Cash Flow-------5.45B-2.10B-5.16B-3.16B-6.71B-5.40B-2.08B-4.19B-2.78B-2.60B-2.55B-3.92B-3.05B-1.07B-2.49B-689.51M-909.16M-1.36B-874.30M-817.84M
Financing Cash Flow-200.84M-1.08B222.54M--364.42M-1.68B-1.54B-5.61B-758.46M-4.18B-6.17B-1.00B-2.57B-1.29B-2.38B-3.09B-4.04B-5.83B-1.91B-1.33B-1.04B-3.92B-3.25B-1.85B
Capital Expenditure1.99B1.23B1.68B1.35B2.72B2.97B6.06B6.66B4.66B2.22B5.34B4.42B1.10B1.58B1.89B2.78B2.38B2.85B4.56B2.94B983.06M469.84M852.29M687.42M592.16M765.77M
Free Cash Flow-------850.24M-1.36B2.99B4.71B2.71B4.44B7.94B3.91B3.93B3.23B2.53B3.49B1.00B3.81B3.24B1.96B2.77B3.41B2.72B1.78B
Dividends Paid798.91M838.86M592.31M1.08B951.60M1.29B1.65B2.35B5.39B2.53B1.35B3.37B2.02B1.68B1.68B2.36B2.02B2.53B3.20B3.54B4.21B1.68B1.65B2.47B844.31M1.44B
FCF to OCF-------16.30%-25.76%39.12%67.96%33.62%50.10%87.85%71.20%67.48%53.75%51.50%55.09%18.03%56.44%76.70%80.69%76.48%83.20%82.10%69.91%
Dividend Paid to FCF-------194.33%-172.44%180.16%53.68%49.81%75.92%25.45%43.13%42.89%73.11%80.04%72.40%318.96%92.84%130.09%85.80%59.38%72.54%31.08%81.18%

Earnings

Report DateApr 28, 2005Aug 30, 2005May 1, 2006Sep 1, 2006Apr 27, 2007Oct 30, 2007Mar 27, 2008May 28, 2008Aug 28, 2008Feb 25, 2009Jun 3, 2009Oct 30, 2009Apr 29, 2010Jul 15, 2010Oct 15, 2010Mar 2, 2011Apr 27, 2011Aug 31, 2011Oct 28, 2011Mar 28, 2012May 30, 2012Aug 29, 2012Oct 30, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 12, 2013Mar 27, 2014May 28, 2014Sep 29, 2014Nov 12, 2014Mar 26, 2015May 14, 2015Aug 12, 2015Nov 11, 2015Mar 28, 2016May 12, 2016Aug 10, 2016Nov 9, 2016Mar 28, 2017May 10, 2017Aug 9, 2017Nov 9, 2017Mar 28, 2018May 10, 2018Aug 10, 2018Nov 9, 2018Mar 22, 2019May 13, 2019Aug 12, 2019Nov 7, 2019Mar 26, 2020May 12, 2020Sep 28, 2020Nov 9, 2020Mar 15, 2021May 7, 2021Aug 6, 2021Dec 14, 2021Mar 10, 2022May 6, 2022Aug 5, 2022Nov 4, 2022Mar 3, 2023May 5, 2023Aug 4, 2023Nov 3, 2023Mar 8, 2024May 7, 2024Aug 7, 2024Nov 7, 2024Mar 7, 2025Nov 6, 2026
EPS Estimate0.120.260.080.260.211.620.29-0.33--0.510.240.370.97-0.46-1.150.58--0.55---0.440.31--0.620.310.370.460.560.42-0.421.400.350.460.570.370.270.27-1.730.210.190.830.400.26-------0.280.360.44-0.220.250.320.180.170.130.070.42--
EPS Actual0.290.140.090.450.301.900.100.101.70-0.340.010.580.250.491.290.400.400.611.340.240.270.380.680.100.300.400.280.290.320.940.940.360.310.410.610.350.380.311.210.220.261.580.440.300.170.751.810.100.251.330.361.150.210.090.090.180.340.330.390.210.331.210.350.130.060.280.03-0.090.130.150.570.06-
Surprise141.67%-46.15%12.50%73.08%42.86%17.28%-65.52%-415.15%--13.73%4.17%32.43%32.99%--13.04%-16.52%-58.62%--23.64%----36.36%-6.45%--51.61%16.13%-16.22%-10.87%8.93%-16.67%--26.19%-13.57%-37.14%-43.48%177.19%18.92%11.11%-37.04%-4.62%-52.38%31.58%60.24%-10.00%342.31%--------25.00%-8.33%175.00%--40.91%-76.00%-12.50%-83.33%-152.94%0.00%114.29%35.71%--
TimingAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market--Pre-marketAfter-hoursAfter-hoursAfter-hours-After-hours-After-hoursAfter-hours--After-hours---Pre-marketAfter-hours--Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours-Pre-marketPre-marketPre-marketPre-marketPre-market-------Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-market-

Key Statistics & Ratios

Market Cap30.20B
Enterprise Value35.98B
Trailing P/E19.51
Forward P/E21.46
PEG Ratio0.00
Price / Sales1.13
Price / Book0.62
EPS0.92
Book Value28.92
Revenue (TTM)26.82B
Gross Profit (TTM)2.96B
EBITDA1.66B
Profit Margin5.79%
Operating Margin1.98%
Return on Equity3.73%
Return on Assets0.58%
Shares Outstanding1.68B
Shares Float847.51M
Beta0.14
Dividend Yield2.79%
Dividend Rate0.50
Payout Ratio86.98%

Dividends

20231×
1.50Jul 18, 2023
20221×
1.00Jul 26, 2022
20211×
1.00Aug 3, 2021
20201×
2.50Jul 13, 2020
20191×
2.10Jul 17, 2019
20181×
1.90Jul 18, 2018
20171×
1.50Jul 24, 2017
20161×
1.20Jul 26, 2016
20151×
1.40Jul 29, 2015
20141×
1.00Jul 29, 2014
20131×
1.00Jul 26, 2013
20121×
1.20Jul 26, 2012
20111×
2.00Jul 28, 2011
20101×
0.80Jul 29, 2010
20091×
1.50Jul 20, 2009
20081×
3.20Jul 22, 2008
20071×
1.40Jul 17, 2007
20061×
1.00Aug 9, 2006
20051×
0.78Jul 28, 2005
20041×
0.58Jul 20, 2004
20031×
0.64Jul 3, 2003
20021×
0.35Jul 4, 2002
20011×
0.50Jun 13, 2001
20001×
0.47Jun 22, 2000

Stock Splits

  • Aug 9, 200651:50
  • Jul 28, 200551:50
  • Jul 20, 200451:50
  • Aug 7, 2003103:100
  • Aug 8, 200226:25
  • Jul 17, 200153:50
  • Aug 9, 200021:20
  • Aug 5, 199926:25
  • Jul 21, 1998107:100
  • Jul 18, 1997107:100
  • Jul 20, 1994109:100