YOLFTbeta
17

Formosan Union Chemical Corp

1709 · TW · Basic Materials / Chemicals

53.10TWD+1.00 (+1.92%)

Price History

Full chart

Market Stats

Previous Close52.10
Open54.50
Day Range51.60 – 56.50
52-Week Range16.20 – 58.50
Volume31.18M
Market Cap25.38B
P/E (TTM)26.60
Forward P/E17.95
EPS2.00
Dividend Yield2.07%
Beta0.37
50-Day Avg33.69
200-Day Avg22.62

About

Formosan Union Chemical Corp. produces and sells chemical products in Taiwan, China, Guatemala, the Philippines, Vietnam, the United States, and internationally. The company offers alkyl benzene, which is used as a raw material for detergents; nonyl phenol that is used as a raw material for surfactants rubbers and plastic anti-oxidant agents, etc., as well as dodecyl phenol for lubricating oils.; and hydrogenated hydrocarbon resin, which is used as a raw material for the production of ethylene-vinyl acetate polymer EVA and thermal plastic rubber TPR series hot melt adhesives. It also trades in residential and commercial property and electronic materials, as well as engages in the solar photovoltaic system construction, maintenance, and operation; land development; and agency business of Huawei products; development of an online booking platform; and hotel operation. In addition, the company is involved in the manufacturing, processing, and trading of petroleum resins, polyester resins, melamine resins, plaque resins, urea resins, alkyd resins, acetate resins, butyl acrylate resins, alkylbenzene and sulfonic acid, and aromatic hydrocarbon fluxes; planning and design of petrochemical engineering; installation and trading of mechanical equipment; distribution of domestic liquefied petroleum gas; and repair and maintenance and inspection of steel cylinders. Further, it engages in the petrochemical raw materials, synthetic resins, rubber and plastics, other chemical products manufacturing and wholesale; and manufacturing and sales of pesticides and sugar, batteries, and electronic components, as well as power generation, transmission, and power distribution machinery; warehouse and silo lease activity; and food trading and bakery operations. The company was founded in 1973 and is based in Taipei, Taiwan.

Company Details

Leadership

  • Mr. Chun-Cheng LinGeneral Manager
  • Mr. Li-Ren LinFinancial Supervisor
  • Mr. Wei-Cun ChenAccounting Supervisor
  • Hsiao-Chien TsengLegal Senior Manager
  • Yi-Ju ChungChief Internal Auditor
  • Ms. Li-Hui HsuDeputy General Manager
  • Yi-Feng LinDeputy General Manager
  • Mr. Hung-De LeeDeputy GM & Director

Financials

Income Statement

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.35B4.68B5.21B5.85B6.85B8.50B9.92B8.00B10.52B12.72B11.98B11.32B11.07B9.46B8.57B8.79B9.79B8.80B8.48B9.20B10.57B9.43B10.30B9.01B
Growth (%)-+7.70%+11.20%+12.34%+17.14%+24.06%+16.71%-19.33%+31.49%+20.89%-5.85%-5.49%-2.18%-14.56%-9.38%+2.49%+11.35%-10.10%-3.58%+8.46%+14.92%-10.77%+9.25%-12.57%
Cost of Revenue3.57B3.92B4.49B4.92B6.06B7.66B8.62B6.92B9.03B10.82B10.73B10.24B10.15B7.94B6.75B7.14B8.53B7.80B6.99B7.06B8.62B8.28B8.83B7.67B
Gross Profit----797.27M839.89M1.30B1.09B1.49B1.90B1.25B1.08B928.96M1.52B1.83B1.65B1.26B995.64M1.49B2.14B1.95B1.16B1.47B1.34B
Gross Margin----11.63%9.88%13.08%13.58%14.20%14.97%10.44%9.55%8.39%16.10%21.31%18.78%12.85%11.32%17.54%23.24%18.43%12.25%14.28%14.92%
Operating Expense----490.33M548.10M616.14M603.27M772.16M820.25M743.47M719.33M718.78M735.51M783.41M795.63M764.97M670.37M746.45M1.11B574.35M722.30M849.61M712.41M
Operating Income266.07M218.40M152.56M309.41M306.93M291.79M682.13M483.74M722.56M1.08B506.89M361.97M210.19M787.83M1.04B854.81M492.63M325.27M740.87M1.03B1.37B433.40M622.01M631.32M
Operating Margin6.12%4.66%2.93%5.29%4.48%3.43%6.87%6.04%6.87%8.52%4.23%3.20%1.90%8.33%12.17%9.73%5.03%3.70%8.73%11.20%13.00%4.59%6.04%7.01%
EBITDA----413.62M455.65M605.67M690.54M904.78M1.33B794.59M702.04M556.61M1.14B1.34B1.02B773.89M678.29M1.05B1.25B1.63B799.60M1.20B872.04M
EBITDA Margin----6.04%5.36%6.10%8.63%8.60%10.49%6.63%6.20%5.03%12.03%15.68%11.64%7.91%7.71%12.39%13.61%15.40%8.48%11.62%9.68%
Net Income179.47M153.78M73.79M-202.91M207.69M320.54M329.62M538.40M848.21M408.12M296.78M186.75M635.43M848.73M629.33M380.07M215.26M554.79M947.59M1.08B418.19M733.58M586.14M
Net Income Margin4.13%3.28%1.42%-2.96%2.44%3.23%4.12%5.12%6.67%3.41%2.62%1.69%6.72%9.90%7.16%3.88%2.45%6.54%10.30%10.26%4.43%7.12%6.51%
R&D1.68M1.44M1.66M2.29M2.58M3.31M3.45M8.11M11.73M16.83M17.31M21.11M20.59M21.22M53.69M56.44M52.36M49.55M63.09M69.29M71.72M61.60M71.41M71.44M
R&D as % of Total Revenue0.04%0.03%0.03%0.04%0.04%0.04%0.03%0.10%0.11%0.13%0.14%0.19%0.19%0.22%0.63%0.64%0.54%0.56%0.74%0.75%0.68%0.65%0.69%0.79%
Interest Expense00003.71M12.62M33.19M6.22M9.88M4.46M19.93M30.19M37.22M27.95M23.55M9.13M17.34M27.57M27.31M22.06M33.21M47.24M45.25M37.38M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.05%0.15%0.33%0.08%0.09%0.04%0.17%0.27%0.34%0.30%0.27%0.10%0.18%0.31%0.32%0.24%0.31%0.50%0.44%0.41%

Balance Sheet

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.90B3.87B4.12B4.39B5.02B5.81B6.76B6.53B7.51B9.03B9.20B9.94B10.18B10.28B10.34B10.54B11.27B11.31B11.12B11.59B13.27B12.09B12.78B12.12B
Total Liabilities1.15B1.02B1.29B990.86M1.52B2.15B2.39B1.87B1.96B2.91B3.08B3.45B3.65B3.34B2.85B2.74B3.78B4.06B3.64B3.69B4.72B3.84B3.44B2.91B
Total Equity2.74B2.84B2.83B3.19B3.29B3.41B4.09B4.35B5.22B5.88B5.94B6.20B6.20B6.55B7.08B7.40B7.11B6.89B7.18B7.62B8.27B7.99B9.07B8.95B
Cash600.98M77.05M34.48M142.13M145.81M123.71M613.30M357.38M368.23M565.07M345.83M844.30M1.06B1.19B847.49M506.48M256.72M350.26M963.71M649.11M1.20B488.05M449.63M501.35M
Total Debt----575.40M1.16B1.58B614.74M699.50M948.75M1.54B1.56B2.10B1.73B1.43B1.46B2.58B2.85B2.33B2.16B2.67B2.33B1.91B1.65B
Net Debt----429.59M1.04B965.24M257.37M331.27M383.68M1.19B718.43M1.05B537.23M581.79M950.47M2.32B2.50B1.36B1.51B1.46B1.84B1.46B1.15B

Cash Flow

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow240.55M-180.35M192.51M134.63M-216.15M117.13M692.42M-219.03M736.93M-323.46M877.55M498.14M1.90B848.85M780.18M-181.27M933.68M1.44B609.79M1.13B796.34M1.07B563.30M
Investing Cash Flow-----269.78M-274.48M-199.82M-20.06M-189.93M-619.42M-168.70M-316.62M-594.25M-935.39M-474.36M-742.83M-508.45M-190.83M-74.38M-39.14M-23.28M15.31M-245.30M248.53M
Financing Cash Flow--26.82M35.62M138.83M468.52M409.58M-928.28M419.82M79.33M272.92M-62.41M309.27M-833.59M-720.43M-376.98M439.27M-649.14M-755.45M-885.14M-550.93M-1.53B-862.96M-759.89M
Capital Expenditure56.87M36.13M237.63M150.11M275.58M240.39M207.40M92.91M131.92M429.44M228.38M280.12M506.35M620.96M429.14M306.41M560.83M170.65M83.26M114.16M87.29M58.38M382.83M66.62M
Free Cash Flow-----140.95M-456.54M-90.27M599.51M-350.96M307.49M-551.85M597.43M-8.21M1.28B419.72M473.78M-742.10M763.03M1.36B495.64M1.04B737.06M686.22M496.68M
Dividends Paid51.24M69.58M72.67M-91.64M84.33M-75.45M-182.64M312.68M128.98M257.96M257.96M515.92M711.92M736.39M249.68M238.51M572.42M810.93M858.63M286.21M381.61M
FCF to OCF-----104.69%211.22%-77.07%86.58%160.23%41.73%170.61%68.08%-1.65%67.38%49.45%60.73%409.39%81.72%94.23%81.28%92.26%92.56%64.19%88.17%
Dividend Paid to FCF-----65.02%-18.47%-12.59%-59.40%-56.66%21.59%-3142.40%20.11%122.92%150.26%-99.23%32.72%17.53%115.49%77.95%116.49%41.71%76.83%

Earnings

Report DateMar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Mar 29, 2012Apr 30, 2012Aug 28, 2012Nov 14, 2012Dec 31, 2012Apr 1, 2013Aug 14, 2013Nov 13, 2013Dec 31, 2013May 15, 2014Aug 14, 2014Nov 13, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2016Jun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023
EPS Estimate----------------0.490.370.44-0.390.370.170.020.300.240.18----------------------------------
EPS Actual0.100.300.68-0.260.130.230.360.100.350.430.420.150.460.560.490.500.310.390.230.030.090.160.130.140.230.110.050.150.470.530.200.410.540.440.420.300.480.350.190.220.450.24-0.110.150.110.110.060.200.270.380.310.530.580.580.280.680.750.540.300.200.26
Surprise-----------------36.73%5.41%-47.73%--76.92%-56.76%-23.53%675.96%-23.33%-54.17%-72.22%----------------------------------
Timing---------------After-hoursPre-marketAfter-hoursAfter-hours-After-hoursPre-marketPre-market-Pre-marketPre-marketAfter-hours----------------------------------

Key Statistics & Ratios

Market Cap25.38B
Enterprise Value22.87B
Trailing P/E26.60
Forward P/E17.95
PEG Ratio0.00
Price / Sales2.73
Price / Book2.56
EPS2.00
Book Value18.86
Revenue (TTM)9.31B
Gross Profit (TTM)2.00B
EBITDA1.49B
Profit Margin10.29%
Operating Margin24.67%
Return on Equity10.28%
Return on Assets6.30%
Shares Outstanding477.02M
Shares Float283.50M
Beta0.37
Dividend Yield2.07%
Dividend Rate1.00
Payout Ratio39.99%

Dividends

20221×
1.50Aug 24, 2022
20211×
1.20Aug 25, 2021
20201×
0.50Aug 25, 2020
20192×
0.50Nov 14, 20190.52Aug 23, 2019
20181×
1.57Aug 23, 2018
20171×
1.58Aug 24, 2017
20161×
1.20Aug 25, 2016
20151×
0.61Aug 25, 2015
20141×
0.61Aug 25, 2014
20131×
0.30Aug 23, 2013
20121×
0.81Aug 23, 2012
20111×
0.46Aug 25, 2011
20091×
0.19Aug 25, 2009
20071×
0.25Jul 26, 2007
20061×
0.27Aug 3, 2006
20041×
0.22Aug 3, 2004
20031×
0.21Aug 12, 2003
20021×
0.15Jul 30, 2002
20011×
0.16Jun 6, 2001

Stock Splits

  • Nov 14, 201919:20
  • Aug 24, 20171985:1913
  • Aug 23, 201211:10
  • Aug 25, 2011107:100
  • Aug 25, 20101603:1438
  • Aug 25, 200941:40
  • Aug 25, 2008133:125
  • Jul 26, 200726:25
  • Aug 3, 200626:25
  • Jul 27, 200553:50
  • Aug 3, 2004103:100
  • Aug 12, 2003103:100
  • Jul 30, 20021039:1000
  • Jun 27, 2001207:200
  • Jun 28, 200011:10
  • Jul 2, 199911:10
  • Jul 2, 199828:25
  • Jul 16, 199711:10
  • Aug 5, 199428:25