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Formosan Rubber Group TWSE:2107 Stock Report

Last Price

NT$25.60

Market Cap

NT$7.8b

7D

-0.8%

1Y

5.8%

Updated

09 Jan, 2025

Data

Company Financials

Formosan Rubber Group Inc.

TWSE:2107 Stock Report

Market Cap: NT$7.8b

2107 Stock Overview

Formosan Rubber Group Inc., together with its subsidiaries, manufacturing and selling rubber and plastic sheets, plastic foam, resin sheets, and related materials. More details

2107 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Formosan Rubber Group Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Formosan Rubber Group
Historical stock prices
Current Share PriceNT$25.60
52 Week HighNT$28.85
52 Week LowNT$23.45
Beta0.64
1 Month Change-3.21%
3 Month Change-0.19%
1 Year Change5.79%
3 Year Change1.50%
5 Year Change19.69%
Change since IPO-85.64%

Recent News & Updates

Recent updates

Formosan Rubber Group's (TWSE:2107) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 02
Formosan Rubber Group's (TWSE:2107) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Here's What To Make Of Formosan Rubber Group's (TPE:2107) Decelerating Rates Of Return

Mar 24
Here's What To Make Of Formosan Rubber Group's (TPE:2107) Decelerating Rates Of Return

These 4 Measures Indicate That Formosan Rubber Group (TPE:2107) Is Using Debt Safely

Feb 14
These 4 Measures Indicate That Formosan Rubber Group (TPE:2107) Is Using Debt Safely

Is Formosan Rubber Group Inc. (TPE:2107) An Attractive Dividend Stock?

Jan 28
Is Formosan Rubber Group Inc. (TPE:2107) An Attractive Dividend Stock?

Shareholders Of Formosan Rubber Group (TPE:2107) Must Be Happy With Their 71% Return

Jan 11
Shareholders Of Formosan Rubber Group (TPE:2107) Must Be Happy With Their 71% Return

Should We Be Excited About The Trends Of Returns At Formosan Rubber Group (TPE:2107)?

Dec 24
Should We Be Excited About The Trends Of Returns At Formosan Rubber Group (TPE:2107)?

Formosan Rubber Group's (TPE:2107) Earnings Are Growing But Is There More To The Story?

Dec 04
Formosan Rubber Group's (TPE:2107) Earnings Are Growing But Is There More To The Story?

Shareholder Returns

2107TW ChemicalsTW Market
7D-0.8%-1.8%1.5%
1Y5.8%-34.1%31.4%

Return vs Industry: 2107 exceeded the TW Chemicals industry which returned -34.1% over the past year.

Return vs Market: 2107 underperformed the TW Market which returned 31.4% over the past year.

Price Volatility

Is 2107's price volatile compared to industry and market?
2107 volatility
2107 Average Weekly Movement1.2%
Chemicals Industry Average Movement4.0%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.7%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2107 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2107's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1952n/aZhen-Ji Hsuwww.frg.com.tw

Formosan Rubber Group Inc., together with its subsidiaries, manufacturing and selling rubber and plastic sheets, plastic foam, resin sheets, and related materials. It operates through five segments: synthetic leather, rubber sheet, green plastics, sales of raw materials, and others. The company offers manufacturing and selling products including plastic raincoat material, clip fabric, air bed, polyvinyl chloride rubber, automotive parts, rubber boat material, rubber tape, rubber foam bag fabric, rubber air bed, rubber space bag; polyurethane inflatable bed and inflatable boat fabric; environmental protection equipment; electronic (IC) products; silicone rubber, resin, oil, sealant, resin materials; as well as laminated, PU lamination, PU coating, green plastic, and PVC products.

Formosan Rubber Group Inc. Fundamentals Summary

How do Formosan Rubber Group's earnings and revenue compare to its market cap?
2107 fundamental statistics
Market capNT$7.77b
Earnings (TTM)NT$550.25m
Revenue (TTM)NT$1.43b

14.1x

P/E Ratio

5.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2107 income statement (TTM)
RevenueNT$1.43b
Cost of RevenueNT$981.69m
Gross ProfitNT$447.35m
Other Expenses-NT$102.90m
EarningsNT$550.25m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.81
Gross Margin31.30%
Net Profit Margin38.50%
Debt/Equity Ratio10.1%

How did 2107 perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

78%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 14:49
End of Day Share Price 2025/01/09 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

Formosan Rubber Group Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sze-wai ChengE.Sun Securities Investment Consulting Co. Ltd.
Titan HorngIBTS Investment Consulting Co., Ltd.
Wanchen ChangMasterlink Securities Corp.