Formosa Petrochemical Corporation

TWSE:6505 Stock Report

Market Cap: NT$333.4b

Formosa Petrochemical Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Tsao Mihn

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure13.1yrs
CEO ownershipn/a
Management average tenure9.9yrs
Board average tenure15.5yrs

Recent management updates

Recent updates

Calculating The Fair Value Of Formosa Petrochemical Corporation (TWSE:6505)

Dec 09
Calculating The Fair Value Of Formosa Petrochemical Corporation (TWSE:6505)

Formosa Petrochemical's (TWSE:6505) Anemic Earnings Might Be Worse Than You Think

Nov 12
Formosa Petrochemical's (TWSE:6505) Anemic Earnings Might Be Worse Than You Think

Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly

Sep 30
Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly

Slammed 25% Formosa Petrochemical Corporation (TWSE:6505) Screens Well Here But There Might Be A Catch

Sep 10
Slammed 25% Formosa Petrochemical Corporation (TWSE:6505) Screens Well Here But There Might Be A Catch

Is Formosa Petrochemical Corporation (TWSE:6505) Trading At A 31% Discount?

Aug 26
Is Formosa Petrochemical Corporation (TWSE:6505) Trading At A 31% Discount?

Formosa Petrochemical (TWSE:6505) Could Be At Risk Of Shrinking As A Company

Jul 22
Formosa Petrochemical (TWSE:6505) Could Be At Risk Of Shrinking As A Company

A Look At The Intrinsic Value Of Formosa Petrochemical Corporation (TWSE:6505)

May 27
A Look At The Intrinsic Value Of Formosa Petrochemical Corporation (TWSE:6505)

Earnings Miss: Formosa Petrochemical Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts

May 08
Earnings Miss: Formosa Petrochemical Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts

Formosa Petrochemical (TWSE:6505) Has A Rock Solid Balance Sheet

Apr 30
Formosa Petrochemical (TWSE:6505) Has A Rock Solid Balance Sheet

Investor Optimism Abounds Formosa Petrochemical Corporation (TWSE:6505) But Growth Is Lacking

Mar 23
Investor Optimism Abounds Formosa Petrochemical Corporation (TWSE:6505) But Growth Is Lacking

These Return Metrics Don't Make Formosa Petrochemical (TWSE:6505) Look Too Strong

Feb 27
These Return Metrics Don't Make Formosa Petrochemical (TWSE:6505) Look Too Strong

CEO

Tsao Mihn

13.1yrs

Tenure

Mr. Tsao Mihn has been the President of Formosa Petrochemical Corporation since November 9, 2011. Mr. Mihn previously served as the Vice President of CPC Corp., a Taiwanese state-owned refiner. Mr. Mihn ha...


Leadership Team

NamePositionTenureCompensationOwnership
Tsao Mihn
President & Chairman of the Board13.1yrsno datano data
Chien-Tang Tsai
Chief Financial Officer9.8yrsno datano data
Wen-Chiao Wang
MD & Directorno datano data0.029%
NT$ 97.8m
Keh-Yen Lin
Executive VP & Director10.8yrsno data0.00068%
NT$ 2.3m
Chang-Pang Chang
MD & Independent Directorno datano datano data
Ruey-Yu Wang
MD & Directorno datano data0.0054%
NT$ 18.1m
Wen-Yuan Wong
MD & Directorno datano data0.073%
NT$ 243.1m
Te-Hsiung Hsu
Senior Vice President of Oil Products Division & Director10.1yrsno data0.000080%
NT$ 266.7k
Hsu Chia-Hsien
Senior VP of Utility Division & Director3.4yrsno datano data
He-Chi Chen
Vice Presidentno datano data0%
NT$ 0
Chia-Yi Chen
Acting Senior Vice Presidentless than a yearno datano data

9.9yrs

Average Tenure

67yo

Average Age

Experienced Management: 6505's management team is seasoned and experienced (9.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tsao Mihn
President & Chairman of the Board12.5yrsno datano data
Wen-Chiao Wang
MD & Director25.7yrsno data0.029%
NT$ 97.8m
Keh-Yen Lin
Executive VP & Director18.5yrsno data0.00068%
NT$ 2.3m
Chang-Pang Chang
MD & Independent Director21yrsno datano data
Ruey-Yu Wang
MD & Director29.5yrsno data0.0054%
NT$ 18.1m
Wen-Yuan Wong
MD & Director15.5yrsno data0.073%
NT$ 243.1m
Te-Hsiung Hsu
Senior Vice President of Oil Products Division & Director6.5yrsno data0.000080%
NT$ 266.7k
Hsu Chia-Hsien
Senior VP of Utility Division & Director3.4yrsno datano data
Yu Cheng
Independent Director15.5yrsno datano data
Tze-Fen Lin
Independent Directorless than a yearno datano data
Walter Wang
Director15.5yrsno datano data
Sush-Der Lee
Independent Director6.5yrsno datano data

15.5yrs

Average Tenure

69yo

Average Age

Experienced Board: 6505's board of directors are seasoned and experienced ( 15.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 18:15
End of Day Share Price 2024/12/27 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

Formosa Petrochemical Corporation is covered by 26 analysts. 8 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
Yong Liang PorBNP Paribas Securities (Asia)
Kunal AgrawalBNP Paribas Securities (Asia)