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Far Eastern New Century TWSE:1402 Stock Report

Last Price

NT$32.05

Market Cap

NT$171.5b

7D

-4.5%

1Y

3.1%

Updated

21 Dec, 2024

Data

Company Financials +

Far Eastern New Century Corporation

TWSE:1402 Stock Report

Market Cap: NT$171.5b

1402 Stock Overview

Manufactures and sells polyester materials and textiles in Taiwan, China, and internationally. More details

1402 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Far Eastern New Century Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Far Eastern New Century
Historical stock prices
Current Share PriceNT$32.05
52 Week HighNT$39.15
52 Week LowNT$30.20
Beta0.47
1 Month Change-15.21%
3 Month Change-13.73%
1 Year Change3.05%
3 Year Change10.90%
5 Year Change6.83%
Change since IPO121.50%

Recent News & Updates

Additional Considerations Required While Assessing Far Eastern New Century's (TWSE:1402) Strong Earnings

Nov 21
Additional Considerations Required While Assessing Far Eastern New Century's (TWSE:1402) Strong Earnings

Getting In Cheap On Far Eastern New Century Corporation (TWSE:1402) Is Unlikely

Nov 01
Getting In Cheap On Far Eastern New Century Corporation (TWSE:1402) Is Unlikely

Returns On Capital At Far Eastern New Century (TWSE:1402) Have Hit The Brakes

Oct 14
Returns On Capital At Far Eastern New Century (TWSE:1402) Have Hit The Brakes

Recent updates

Additional Considerations Required While Assessing Far Eastern New Century's (TWSE:1402) Strong Earnings

Nov 21
Additional Considerations Required While Assessing Far Eastern New Century's (TWSE:1402) Strong Earnings

Getting In Cheap On Far Eastern New Century Corporation (TWSE:1402) Is Unlikely

Nov 01
Getting In Cheap On Far Eastern New Century Corporation (TWSE:1402) Is Unlikely

Returns On Capital At Far Eastern New Century (TWSE:1402) Have Hit The Brakes

Oct 14
Returns On Capital At Far Eastern New Century (TWSE:1402) Have Hit The Brakes

Does Far Eastern New Century (TWSE:1402) Have A Healthy Balance Sheet?

Aug 01
Does Far Eastern New Century (TWSE:1402) Have A Healthy Balance Sheet?

Far Eastern New Century (TWSE:1402) Is Due To Pay A Dividend Of NT$1.35

Jul 05
Far Eastern New Century (TWSE:1402) Is Due To Pay A Dividend Of NT$1.35

Far Eastern New Century (TWSE:1402) Has More To Do To Multiply In Value Going Forward

Jul 03
Far Eastern New Century (TWSE:1402) Has More To Do To Multiply In Value Going Forward

Investors Appear Satisfied With Far Eastern New Century Corporation's (TWSE:1402) Prospects

Jun 14
Investors Appear Satisfied With Far Eastern New Century Corporation's (TWSE:1402) Prospects

Is Far Eastern New Century Corporation (TWSE:1402) Expensive For A Reason? A Look At Its Intrinsic Value

Apr 17
Is Far Eastern New Century Corporation (TWSE:1402) Expensive For A Reason? A Look At Its Intrinsic Value

We Think That There Are Some Issues For Far Eastern New Century (TWSE:1402) Beyond Its Promising Earnings

Mar 22
We Think That There Are Some Issues For Far Eastern New Century (TWSE:1402) Beyond Its Promising Earnings

Results: Far Eastern New Century Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 19
Results: Far Eastern New Century Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Is Far Eastern New Century (TWSE:1402) A Risky Investment?

Feb 29
Is Far Eastern New Century (TWSE:1402) A Risky Investment?

Shareholder Returns

1402TW IndustrialsTW Market
7D-4.5%-1.3%-2.1%
1Y3.1%9.3%25.6%

Return vs Industry: 1402 underperformed the TW Industrials industry which returned 9.2% over the past year.

Return vs Market: 1402 underperformed the TW Market which returned 25.6% over the past year.

Price Volatility

Is 1402's price volatile compared to industry and market?
1402 volatility
1402 Average Weekly Movement3.9%
Industrials Industry Average Movement4.6%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 1402 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1402's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1942n/an/awww.fenc.com

Far Eastern New Century Corporation manufactures and sells polyester materials and textiles in Taiwan, China, and internationally. The company offers solid state polymers, such as resins, PET sheets and shrinkable films, and perform bottles; non-woven fibers; fiber filaments; and industrial and spun yarns, knitting fabrics, and apparel, such as sportswear, outerwear, children wear, and woven apparel. It also engages in the petrochemical, real estate, and equity investment business.

Far Eastern New Century Corporation Fundamentals Summary

How do Far Eastern New Century's earnings and revenue compare to its market cap?
1402 fundamental statistics
Market capNT$171.53b
Earnings (TTM)NT$9.53b
Revenue (TTM)NT$267.16b

18.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1402 income statement (TTM)
RevenueNT$267.16b
Cost of RevenueNT$214.88b
Gross ProfitNT$52.28b
Other ExpensesNT$42.75b
EarningsNT$9.53b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.78
Gross Margin19.57%
Net Profit Margin3.57%
Debt/Equity Ratio82.9%

How did 1402 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

71%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:27
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Far Eastern New Century Corporation is covered by 20 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changming YehBarclays
Michelle ChengBNP Paribas Securities (Asia)
Jeffrey ToderCGS International