YOLFTbeta
21

Formosan Rubber Group Inc

2107 · TW · Basic Materials / Specialty Chemicals

27.65TWD+0.55 (+2.03%)

Price History

Full chart

Market Stats

Previous Close27.10
Open27.15
Day Range27.15 – 27.90
52-Week Range23.10 – 27.30
Volume214.09K
Market Cap8.18B
P/E (TTM)14.34
Forward P/E7.01
EPS1.88
Dividend Yield5.19%
Beta0.25
50-Day Avg26.36
200-Day Avg25.61

About

Formosan Rubber Group Inc., together with its subsidiaries, produces and markets rubber sheets, plastic sheets, plastic foam sheets, PVC resin sheets, and related materials. The company offers rubber, silicone rubber, laminated, PU coating, PVC, and green plastic products. It also engages in the development of residential and commercial buildings for renting and selling purposes; and management of logistics storage business. The company products are used in various applications, including functional garments and fabrics, healthcare, industrial and safety products, inflatable products, and optical electronic materials, as well as for use in shoes, and bags and luggage products. It has operations in Europe, Asia, the United States, Canada, and internationally. The company was founded in 1952 and is headquartered in Taipei, Taiwan.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Cheng Tsai Hsu
  • Employees0
  • HeadquartersNo. 82, Hankou Street, Taipei, Taiwan, Taiwan
  • Websitehttps://www.frg.com.tw

Leadership

  • Mr. Cheng Tsai HsuChief Strategy Officer & Chairman
  • Mr. Zhen-Ji HsuPresident
  • Mr. Zhen-Xin HsuSpecial Assistant & Representative Director
  • Hui Xian HuangAssistant managerial officer
  • Zheng-Zhong HsiaoAssistant managerial officer
  • Sheng Yuan ChengSupervisor of Management & Construction Department
  • Mr. Ming-De ShiHead of Accounting & Head of Corporate Governance

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 Revenue1.39B1.03B1.10B1.10B1.23B2.13B2.92B3.36B4.39B3.66B3.42B4.12B5.54B2.29B1.71B1.73B1.37B2.70B3.28B2.79B1.94B1.36B1.48B1.44B
Growth (%)--25.58%+6.76%-0.47%+11.86%+73.06%+37.04%+15.14%+30.71%-16.65%-6.39%+20.35%+34.55%-58.67%-25.44%+1.09%-20.44%+96.66%+21.49%-14.85%-30.69%-29.81%+8.94%-2.54%
Cost of Revenue1.01B760.33M803.75M796.00M1.01B1.38B1.64B1.81B2.27B2.01B1.64B1.73B1.84B1.24B1.18B1.19B1.04B2.04B2.22B1.91B1.31B939.11M1.01B950.60M
Gross Profit----223.20M745.98M1.27B1.54B2.12B1.65B1.78B2.39B3.70B1.06B526.70M538.80M330.48M661.69M1.06B883.66M625.21M420.61M472.81M492.98M
Gross Margin----18.16%35.07%43.65%45.94%48.22%45.08%51.97%57.90%66.78%46.08%30.83%31.20%24.06%24.49%32.36%31.62%32.27%30.93%31.92%34.15%
Operating Expense----199.03M373.14M336.08M337.00M397.39M374.16M388.00M400.06M352.24M244.06M240.17M234.33M232.60M90.93M123.39M56.62M-213.13M221.00M225.06M210.11M
Operating Income95.53M11.82M31.47M1.76M24.17M372.83M936.42M1.20B1.72B1.27B1.39B1.99B3.35B811.67M286.53M304.47M97.88M570.76M938.89M827.05M838.34M199.61M247.75M282.88M
Operating Margin6.88%1.14%2.85%0.16%1.97%17.53%32.12%35.90%39.16%34.85%40.64%48.19%60.42%35.43%16.77%17.63%7.12%21.13%28.61%29.59%43.27%14.68%16.73%19.60%
EBITDA----330.62M366.08M1.04B1.28B1.90B1.44B1.52B2.09B3.45B906.29M379.32M412.73M217.20M688.69M1.05B935.16M943.45M721.38M763.57M728.64M
EBITDA Margin----26.90%17.21%35.70%38.23%43.31%39.25%44.31%50.68%62.16%39.56%22.21%23.90%15.81%25.49%32.01%33.46%48.70%53.05%51.55%50.47%
Net Income281.78M110.49M71.51M-212.67M250.41M916.10M1.12B1.73B1.22B1.35B1.93B3.27B789.83M327.11M189.24M215.80M538.96M901.72M777.96M711.68M518.88M573.46M507.82M
Net Income Margin20.28%10.68%6.48%-17.30%11.77%31.43%33.36%39.38%33.33%39.35%46.76%58.96%34.48%19.15%10.96%15.71%19.95%27.47%27.84%36.74%38.16%38.71%35.18%
R&D18.29M17.07M15.68M17.29M13.43M18.70M16.64M15.04M14.68M14.17M15.99M16.32M17.37M17.34M14.38M14.05M13.06M13.10M9.92M10.47M9.63M9.27M9.80M9.72M
R&D as % of Total Revenue1.32%1.65%1.42%1.57%1.09%0.88%0.57%0.45%0.33%0.39%0.47%0.40%0.31%0.76%0.84%0.81%0.95%0.48%0.30%0.37%0.50%0.68%0.66%0.67%
Interest Expense000012.27M4.11M2.63M8.94M16.73M11.88M7.85M4.71M2.56M23.85M13.06M17.60M21.87M19.63M8.23M4.02M8.79M26.33M20.16M22.87M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%1.00%0.19%0.09%0.27%0.38%0.32%0.23%0.11%0.05%1.04%0.76%1.02%1.59%0.73%0.25%0.14%0.45%1.94%1.36%1.58%

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 Assets7.92B8.14B8.81B8.39B8.70B9.49B9.96B13.44B16.83B10.60B12.00B12.82B14.13B15.13B14.39B14.87B14.12B12.98B12.26B13.12B13.76B14.28B15.13B15.41B
Total Liabilities2.49B2.67B3.33B2.22B1.32B2.14B2.74B4.88B7.20B1.68B2.31B2.13B1.20B3.16B3.21B4.04B3.77B2.17B1.07B1.18B1.90B1.88B1.99B1.93B
Total Equity5.43B5.48B5.48B6.17B7.38B7.35B7.21B8.57B9.63B8.92B9.69B10.70B12.93B11.97B11.18B10.84B10.36B10.81B11.18B11.94B11.86B12.40B13.14B13.48B
Cash258.46M462.44M905.11M727.64M422.46M795.43M192.38M152.74M316.02M1.09B409.91M1.23B1.65B680.08M601.46M738.79M812.17M956.29M1.37B2.01B1.82B648.13M710.70M1.48B
Total Debt----470.40M100.00M220.00M1.65B3.17B123.81M872.64M335.45M147.96M2.30B2.57B3.39B2.86B1.39B459.26M704.84M1.41B1.44B1.52B1.36B
Net Debt----47.94M-695.43M27.62M1.49B2.86B-967.44M462.74M-891.15M-1.51B1.62B1.97B2.65B2.05B438.05M-911.83M-1.31B-413.91M795.06M811.68M-120.92M

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 Flow101.06M3.02M148.81M28.75M-195.64M877.70M-261.59M-1.03B-700.42M5.67B-649.93M2.89B3.15B-1.08B247.38M444.98M424.77M1.78B2.07B1.73B-21.41M682.69M827.00M692.12M
Investing Cash Flow244.67M30.43M-100.67M27.01M12.95M-21.85M-28.11M-21.15M-513.61M28.21M-629.86M-1.55B-541.43M547.74M-381.81M837.41M132.00M-345.34M-781.64M-394.78M-1.16B-458.31M649.80M
Financing Cash Flow-170.53M552.57M--136.55M-517.68M-319.61M1.01B884.85M-4.38B-59.61M-1.44B-1.17B646.79M-873.74M77.09M-1.19B-1.76B-1.31B-302.55M187.13M-702.08M-306.41M-583.23M
Capital Expenditure105.86M36.77M42.58M110.19M31.74M19.95M18.95M20.45M31.10M27.92M43.10M37.48M57.53M23.11M45.07M110.56M112.69M12.53M8.12M7.80M27.22M37.22M40.94M43.34M
Free Cash Flow-----227.39M857.75M-280.54M-1.05B-731.52M5.64B-693.03M2.85B3.09B-1.10B202.31M334.42M312.07M1.77B2.07B1.72B-48.63M645.47M786.06M648.78M
Dividends Paid---140.71M-183.43M183.15M251.82M604.38M1.31B796.30M894.94M994.38M1.39B416.90M233.75M240.50M238.00M280.00M513.49M410.79M404.79M394.67M425.03M
FCF to OCF----116.22%97.73%107.24%101.99%104.44%99.51%106.63%98.70%98.17%102.14%81.78%75.15%73.47%99.30%99.61%99.55%227.12%94.55%95.05%93.74%
Dividend Paid to FCF-----21.39%-65.29%-24.08%-82.62%23.20%-114.90%31.42%32.15%-126.20%206.07%69.90%77.06%13.44%13.56%29.89%-844.74%62.71%50.21%65.51%

Earnings

Report DateApr 25, 2008Oct 28, 2008Mar 27, 2009Oct 26, 2009Apr 15, 2010Jul 15, 2010Oct 15, 2010Mar 31, 2011Aug 29, 2011Mar 28, 2012May 30, 2012Aug 30, 2012Oct 30, 2012Mar 28, 2013May 29, 2013Aug 13, 2013Nov 13, 2013Feb 26, 2014May 14, 2014Aug 13, 2014Nov 11, 2014Feb 25, 2015May 15, 2015Aug 15, 2015Nov 13, 2015Mar 18, 2016May 10, 2016Aug 12, 2016Nov 14, 2016Mar 16, 2017May 15, 2017Aug 14, 2017Oct 27, 2017Mar 29, 2018May 11, 2018Aug 10, 2018Nov 9, 2018Mar 15, 2019May 10, 2019Aug 9, 2019Nov 8, 2019Mar 26, 2020Jun 3, 2020Sep 2, 2020Nov 13, 2020May 14, 2021Aug 11, 2021Nov 12, 2021May 10, 2022Aug 12, 2022Dec 2, 2022Mar 15, 2023May 9, 2023
EPS Estimate0.780.670.710.810.931.111.211.151.230.77-0.170.330.85-1.260.83-0.521.801.981.170.60------------------------------
EPS Actual0.740.740.570.881.061.030.611.691.040.670.101.651.030.930.602.401.250.910.954.542.361.150.96-0.020.640.490.060.110.180.460.000.100.37-0.00-0.040.160.410.070.110.460.710.260.730.491.090.630.440.600.600.630.940.030.15
Surprise-5.13%10.45%-19.72%8.64%13.98%-7.21%-49.59%46.96%-15.45%-12.99%-870.59%212.12%9.41%-90.48%50.60%-82.69%152.22%19.19%-1.87%60.00%------------------------------
TimingPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-market-After-hoursAfter-hoursPre-market-After-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-------Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap8.18B
Enterprise Value456.41M
Trailing P/E14.34
Forward P/E7.01
PEG Ratio0.00
Price / Sales5.47
Price / Book0.54
EPS1.88
Book Value49.80
Revenue (TTM)1.49B
Gross Profit (TTM)514.87M
EBITDA422.55M
Profit Margin38.29%
Operating Margin32.13%
Return on Equity4.11%
Return on Assets1.17%
Shares Outstanding303.59M
Shares Float178.89M
Beta0.25
Dividend Yield5.19%
Dividend Rate1.40
Payout Ratio74.47%

Dividends

20231×
1.33Jul 5, 2023
20221×
1.33Jul 1, 2022
20211×
1.67Aug 24, 2021
20201×
0.91Jul 3, 2020
20191×
0.76Jun 24, 2019
20181×
0.72Jun 27, 2018
20172×
1.11Sep 14, 20170.68Jun 26, 2017
20162×
1.23Sep 14, 20161.19Jun 29, 2016
20151×
3.84Jul 2, 2015
20141×
2.74Jun 26, 2014
20131×
2.47Jul 5, 2013
20121×
2.20Jul 19, 2012
20111×
3.57Jul 5, 2011
20101×
1.65Jul 19, 2010
20091×
0.69Jul 8, 2009
20081×
0.48Jul 10, 2008
20071×
0.48Jul 11, 2007
20051×
0.41Jul 15, 2005

Stock Splits

  • Sep 14, 201797363:108181
  • Sep 14, 20169:10
  • Jul 6, 2000529:500
  • Jul 4, 1999267:250
  • Jul 18, 199828:25
  • Jul 14, 199711:10
  • Sep 24, 19942875:2358