Formosa Petrochemical Past Earnings Performance
Past criteria checks 1/6
Formosa Petrochemical's earnings have been declining at an average annual rate of -9.4%, while the Oil and Gas industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 7.6% per year. Formosa Petrochemical's return on equity is 1.9%, and it has net margins of 0.9%.
Key information
-9.4%
Earnings growth rate
-9.4%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 7.6% |
| Return on equity | 1.9% |
| Net Margin | 0.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Formosa Petrochemical's (TWSE:6505) Anemic Earnings Might Be Worse Than You Think
Nov 12
Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly
Sep 30Slammed 25% Formosa Petrochemical Corporation (TWSE:6505) Screens Well Here But There Might Be A Catch
Sep 10Is Formosa Petrochemical Corporation (TWSE:6505) Trading At A 31% Discount?
Aug 26Formosa Petrochemical (TWSE:6505) Could Be At Risk Of Shrinking As A Company
Jul 22A Look At The Intrinsic Value Of Formosa Petrochemical Corporation (TWSE:6505)
May 27Earnings Miss: Formosa Petrochemical Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts
May 08Formosa Petrochemical (TWSE:6505) Has A Rock Solid Balance Sheet
Apr 30Investor Optimism Abounds Formosa Petrochemical Corporation (TWSE:6505) But Growth Is Lacking
Mar 23These Return Metrics Don't Make Formosa Petrochemical (TWSE:6505) Look Too Strong
Feb 27These Metrics Don't Make Formosa Petrochemical (TPE:6505) Look Too Strong
Mar 10Here's Why We Think Formosa Petrochemical's (TPE:6505) Statutory Earnings Might Be Conservative
Feb 16
Calculating The Fair Value Of Formosa Petrochemical Corporation (TPE:6505)
Jan 26Does Formosa Petrochemical Corporation (TPE:6505) Have A Place In Your Dividend Stock Portfolio?
Jan 08Does Formosa Petrochemical (TPE:6505) Have A Healthy Balance Sheet?
Dec 22Is Formosa Petrochemical (TPE:6505) Shrinking?
Nov 30Revenue & Expenses Breakdown
How Formosa Petrochemical 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 | 690,881 | 6,131 | 10,785 | 375 |
| 30 Jun 24 | 710,350 | 26,369 | 11,308 | 392 |
| 31 Mar 24 | 699,131 | 22,480 | 11,296 | 383 |
| 31 Dec 23 | 712,576 | 21,889 | 11,213 | 405 |
| 30 Sep 23 | 730,845 | 10,550 | 11,051 | 414 |
| 30 Jun 23 | 767,251 | -12,887 | 10,510 | 423 |
| 31 Mar 23 | 847,139 | 5,200 | 10,506 | 417 |
| 31 Dec 22 | 848,048 | 14,422 | 10,389 | 407 |
| 30 Sep 22 | 834,686 | 31,912 | 10,370 | 403 |
| 30 Jun 22 | 769,627 | 48,483 | 10,707 | 368 |
| 31 Mar 22 | 675,314 | 45,157 | 10,391 | 366 |
| 31 Dec 21 | 620,062 | 49,401 | 10,292 | 311 |
| 30 Sep 21 | 543,147 | 52,025 | 10,289 | 266 |
| 30 Jun 21 | 473,093 | 57,585 | 9,994 | 251 |
| 31 Mar 21 | 408,050 | 35,324 | 9,953 | 236 |
| 31 Dec 20 | 415,282 | 7,430 | 9,964 | 235 |
| 30 Sep 20 | 462,183 | 4,304 | 10,243 | 247 |
| 30 Jun 20 | 528,244 | 896 | 10,313 | 254 |
| 31 Mar 20 | 614,438 | 17,579 | 10,647 | 229 |
| 31 Dec 19 | 646,023 | 36,798 | 10,709 | 224 |
| 30 Sep 19 | 687,278 | 25,551 | 10,497 | 250 |
| 30 Jun 19 | 728,386 | 33,814 | 10,635 | 273 |
| 31 Mar 19 | 754,590 | 51,015 | 10,689 | 302 |
| 31 Dec 18 | 767,550 | 60,090 | 10,844 | 302 |
| 30 Sep 18 | 742,770 | 87,473 | 11,123 | 268 |
| 30 Jun 18 | 695,109 | 89,027 | 11,045 | 242 |
| 31 Mar 18 | 641,699 | 75,856 | 10,846 | 222 |
| 31 Dec 17 | 624,108 | 80,170 | 10,746 | 219 |
| 30 Sep 17 | 609,148 | 79,730 | 10,579 | 212 |
| 30 Jun 17 | 584,141 | 74,154 | 10,453 | 206 |
| 31 Mar 17 | 586,176 | 87,934 | 10,285 | 199 |
| 31 Dec 16 | 546,161 | 75,764 | 10,050 | 200 |
| 30 Sep 16 | 544,171 | 65,489 | 9,816 | 200 |
| 30 Jun 16 | 555,927 | 57,769 | 9,547 | 191 |
| 31 Mar 16 | 598,951 | 56,626 | 9,544 | 183 |
| 31 Dec 15 | 629,514 | 47,302 | 9,505 | 174 |
| 30 Sep 15 | 673,246 | 21,775 | 9,341 | 176 |
| 30 Jun 15 | 769,169 | 19,620 | 9,432 | 173 |
| 31 Mar 15 | 804,757 | 1,406 | 9,397 | 169 |
| 31 Dec 14 | 913,085 | 9,066 | 9,577 | 175 |
| 30 Sep 14 | 966,304 | 28,800 | 9,837 | 166 |
| 30 Jun 14 | 965,962 | 31,944 | 9,764 | 156 |
| 31 Mar 14 | 946,880 | 26,053 | 9,672 | 155 |
| 31 Dec 13 | 931,334 | 26,858 | 9,646 | 156 |
Quality Earnings: 6505 has high quality earnings.
Growing Profit Margin: 6505's current net profit margins (0.9%) are lower than last year (1.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6505's earnings have declined by 9.4% per year over the past 5 years.
Accelerating Growth: 6505's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6505 had negative earnings growth (-41.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (-8.2%).
Return on Equity
High ROE: 6505's Return on Equity (1.9%) is considered low.