Formosa Taffeta Past Earnings Performance
Past criteria checks 4/6
Formosa Taffeta's earnings have been declining at an average annual rate of -20.8%, while the Luxury industry saw earnings growing at 11.3% annually. Revenues have been declining at an average rate of 2.1% per year. Formosa Taffeta's return on equity is 2.8%, and it has net margins of 4.3%.
Key information
-20.8%
Earnings growth rate
-20.8%
EPS growth rate
| Luxury Industry Growth | 8.2% |
| Revenue growth rate | -2.1% |
| Return on equity | 2.8% |
| Net Margin | 4.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Getting In Cheap On Formosa Taffeta Co., Ltd. (TWSE:1434) Is Unlikely
Sep 28
Formosa Taffeta (TWSE:1434) Is Experiencing Growth In Returns On Capital
Sep 05Formosa Taffeta's (TWSE:1434) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Aug 15Do Investors Have Good Reason To Be Wary Of Formosa Taffeta Co., Ltd.'s (TPE:1434) 8.1% Dividend Yield?
Dec 31Is Formosa Taffeta Co., Ltd. (TPE:1434) Popular Amongst Institutions?
Dec 16Is Formosa Taffeta Co., Ltd.'s (TPE:1434) Stock On A Downtrend As A Result Of Its Poor Financials?
Nov 30
Revenue & Expenses Breakdown
How Formosa Taffeta makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 28,359 | 1,231 | 2,356 | 0 |
| 30 Jun 24 | 28,413 | 319 | 2,314 | 0 |
| 31 Mar 24 | 28,019 | 542 | 2,256 | 0 |
| 31 Dec 23 | 28,502 | 445 | 2,250 | 0 |
| 30 Sep 23 | 29,803 | 825 | 2,295 | 0 |
| 30 Jun 23 | 31,409 | 1,361 | 2,321 | 0 |
| 31 Mar 23 | 33,462 | 2,929 | 2,419 | 0 |
| 31 Dec 22 | 34,723 | 3,405 | 2,499 | 0 |
| 30 Sep 22 | 35,396 | 3,535 | 2,564 | 0 |
| 30 Jun 22 | 34,225 | 3,614 | 2,622 | 0 |
| 31 Mar 22 | 33,553 | 2,126 | 2,633 | 0 |
| 31 Dec 21 | 32,799 | 2,143 | 2,623 | 0 |
| 30 Sep 21 | 31,504 | 2,093 | 2,583 | 0 |
| 30 Jun 21 | 30,521 | 1,580 | 2,510 | 0 |
| 31 Mar 21 | 28,354 | 2,315 | 2,442 | 0 |
| 31 Dec 20 | 28,783 | 2,096 | 2,436 | 0 |
| 30 Sep 20 | 29,831 | 3,476 | 2,423 | 0 |
| 30 Jun 20 | 32,091 | 3,564 | 2,522 | 0 |
| 31 Mar 20 | 35,716 | 4,172 | 2,636 | 0 |
| 31 Dec 19 | 36,648 | 3,984 | 2,655 | 0 |
| 30 Sep 19 | 30,399 | 1,046 | 2,685 | -58 |
| 30 Jun 19 | 32,881 | 3,835 | 2,705 | -38 |
| 31 Mar 19 | 34,550 | 3,199 | 2,682 | -18 |
| 31 Dec 18 | 35,760 | 3,317 | 2,663 | 0 |
| 30 Sep 18 | 43,581 | 5,000 | 2,701 | 75 |
| 30 Jun 18 | 42,073 | 2,724 | 2,672 | 69 |
| 31 Mar 18 | 41,182 | 4,135 | 2,621 | 63 |
| 31 Dec 17 | 40,706 | 4,280 | 2,617 | 60 |
| 30 Sep 17 | 40,453 | 4,215 | 2,644 | 57 |
| 30 Jun 17 | 40,156 | 5,499 | 2,553 | 56 |
| 31 Mar 17 | 39,674 | 3,268 | 2,617 | 55 |
| 31 Dec 16 | 39,849 | 3,481 | 2,668 | 54 |
| 30 Sep 16 | 40,306 | 3,720 | 2,668 | 54 |
| 30 Jun 16 | 41,039 | 2,702 | 2,748 | 54 |
| 31 Mar 16 | 42,272 | 2,955 | 2,774 | 53 |
| 31 Dec 15 | 42,873 | 2,829 | 2,755 | 52 |
| 30 Sep 15 | 44,253 | 2,880 | 2,768 | 52 |
| 30 Jun 15 | 45,808 | 3,439 | 2,824 | 50 |
| 31 Mar 15 | 47,294 | 3,495 | 2,830 | 50 |
| 31 Dec 14 | 48,191 | 3,518 | 2,793 | 50 |
| 30 Sep 14 | 48,208 | 3,344 | 2,747 | 48 |
| 30 Jun 14 | 48,092 | 2,229 | 2,639 | 49 |
| 31 Mar 14 | 47,685 | 2,162 | 2,553 | 48 |
| 31 Dec 13 | 47,462 | 2,129 | 2,503 | 48 |
Quality Earnings: 1434 has high quality earnings.
Growing Profit Margin: 1434's current net profit margins (4.3%) are higher than last year (2.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1434's earnings have declined by 20.8% per year over the past 5 years.
Accelerating Growth: 1434's earnings growth over the past year (49.2%) exceeds its 5-year average (-20.8% per year).
Earnings vs Industry: 1434 earnings growth over the past year (49.2%) exceeded the Luxury industry 8.1%.
Return on Equity
High ROE: 1434's Return on Equity (2.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 18:56 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Formosa Taffeta Co., Ltd. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jizong Huang | E.Sun Securities Investment Consulting Co. Ltd. |
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| Zhangni Wang | Jih Sun Securities Investment Consulting Co., Ltd. |