1301 Stock Overview
Manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 1/6 |
My Notes
Capture your thoughts, links and company narrative
Formosa Plastics Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$37.55 |
| 52 Week High | NT$79.80 |
| 52 Week Low | NT$36.60 |
| Beta | 0.53 |
| 1 Month Change | -14.56% |
| 3 Month Change | -25.79% |
| 1 Year Change | -52.35% |
| 3 Year Change | -64.24% |
| 5 Year Change | -62.37% |
| Change since IPO | 65.28% |
Recent News & Updates
We Think Formosa Plastics (TWSE:1301) Has A Fair Chunk Of Debt
Oct 30
Investors Still Waiting For A Pull Back In Formosa Plastics Corporation (TWSE:1301)
Sep 07Recent updates
We Think Formosa Plastics (TWSE:1301) Has A Fair Chunk Of Debt
Oct 30Investors Still Waiting For A Pull Back In Formosa Plastics Corporation (TWSE:1301)
Sep 07We Think Formosa Plastics (TWSE:1301) Has A Fair Chunk Of Debt
Jul 30Revenues Tell The Story For Formosa Plastics Corporation (TWSE:1301)
Jun 07Formosa Plastics Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 12Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt
Apr 23Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be
Mar 28Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think
Mar 14What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S
Feb 26Shareholder Returns
| 1301 | TW Chemicals | TW Market | |
|---|---|---|---|
| 7D | 2.0% | -1.4% | 0.4% |
| 1Y | -52.3% | -32.1% | 28.7% |
Return vs Industry: 1301 underperformed the TW Chemicals industry which returned -32.1% over the past year.
Return vs Market: 1301 underperformed the TW Market which returned 28.7% over the past year.
Price Volatility
| 1301 volatility | |
|---|---|
| 1301 Average Weekly Movement | 4.9% |
| Chemicals Industry Average Movement | 4.2% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in TW Market | 7.8% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 1301 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 1301's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1954 | n/a | Wen-Bee Kuo | 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, and acetate copolymer. It also provides chemicals, such as liquid caustic soda, caustic soda solid, 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
| 1301 fundamental statistics | |
|---|---|
| Market cap | NT$239.03b |
| Earnings (TTM) | -NT$4.41b |
| Revenue (TTM) | NT$197.45b |
1.2x
P/S Ratio-54.2x
P/E RatioIs 1301 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1301 income statement (TTM) | |
|---|---|
| Revenue | NT$197.45b |
| Cost of Revenue | NT$187.62b |
| Gross Profit | NT$9.83b |
| Other Expenses | NT$14.24b |
| Earnings | -NT$4.41b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.69 |
| Gross Margin | 4.98% |
| Net Profit Margin | -2.23% |
| Debt/Equity Ratio | 48.7% |
How did 1301 perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield-144%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 23:15 |
| End of Day Share Price | 2024/12/24 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
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 Plastics Corporation is covered by 26 analysts. 9 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 |
|---|---|
| Changming Yeh | Barclays |
| Yong Liang Por | BNP Paribas Securities (Asia) |
| Joon-Ho Lee | BofA Global Research |