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Formosa Plastics TWSE:1301 Stock Report

Last Price

NT$68.50

Market Cap

NT$436.1b

7D

2.5%

1Y

-25.8%

Updated

27 Mar, 2024

Data

Company Financials +

Formosa Plastics Corporation

TWSE:1301 Stock Report

Market Cap: NT$436.1b

1301 Stock Overview

Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally.

1301 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health3/6
Dividends3/6

Formosa Plastics Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Formosa Plastics
Historical stock prices
Current Share PriceNT$68.50
52 Week HighNT$94.80
52 Week LowNT$66.40
Beta0.54
1 Month Change-4.99%
3 Month Change-14.16%
1 Year Change-25.79%
3 Year Change-32.18%
5 Year Change-36.57%
Change since IPO201.51%

Recent News & Updates

Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

Mar 14
Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Feb 26
What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Recent updates

Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

Mar 14
Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Feb 26
What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First

Apr 17
Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First

Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?

Mar 18
Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?

Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?

Feb 27
Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?

Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment

Feb 06
Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment

Shareholder Returns

1301TW ChemicalsTW Market
7D2.5%2.8%1.9%
1Y-25.8%-12.5%26.7%

Return vs Industry: 1301 underperformed the TW Chemicals industry which returned -12.4% over the past year.

Return vs Market: 1301 underperformed the TW Market which returned 26.7% over the past year.

Price Volatility

Is 1301's price volatile compared to industry and market?
1301 volatility
1301 Average Weekly Movement2.4%
Chemicals Industry Average Movement3.1%
Market Average Movement4.2%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market1.9%

Stable Share Price: 1301 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1301's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1954n/aWen-Bee Kuohttps://www.fpc.com.tw

Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. The company’s plastic products include PVC, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and compound rubber particles. It also provides chemicals, such as liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol.

Formosa Plastics Corporation Fundamentals Summary

How do Formosa Plastics's earnings and revenue compare to its market cap?
1301 fundamental statistics
Market capNT$436.05b
Earnings (TTM)NT$7.34b
Revenue (TTM)NT$199.14b

59.4x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1301 income statement (TTM)
RevenueNT$199.14b
Cost of RevenueNT$189.31b
Gross ProfitNT$9.83b
Other ExpensesNT$2.49b
EarningsNT$7.34b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.15
Gross Margin4.93%
Net Profit Margin3.68%
Debt/Equity Ratio37.7%

How did 1301 perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

940%

Payout Ratio
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