Formosa Plastics Management

Mr. Wen-Bee Kuo served as Acting President at Formosa Plastics Corporation since March 10, 2023 and serves as its President. He served as a Senior Vice President of Formosa Plastics Corporation until March...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wen-Bee Kuo	President	1.2yrs	no data	no data
Zhen-Xiao Lei	Financial Officer	12.4yrs	no data	no data
Chia-Tse Chang	Assistant VP of Accounting Department & Corporate Governance Officer	8.4yrs	no data	no data
Wen-Chiao Wang	MD & Executive Director	no data	no data	0.70% NT$ 3.1b
Chi-Lin Wei	MD & Independent Director	no data	no data	no data
Ruey-Yu Wang	MD & Executive Director	no data	no data	0.14% NT$ 609.1m
Wen-Yuan Wong	MD & Executive Director	no data	no data	0.73% NT$ 3.2b
Jerry Lin	Senior VP & Director	7.2yrs	no data	no data
Tony Liang	Senior Vice President	3.2yrs	no data	0.00016% NT$ 702.8k
Jung-Hung Kao	Vice President	no data	no data	0.00025% NT$ 1.1m

7.2yrs

Average Tenure

Experienced Management: 1301's management team is seasoned and experienced (7.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wen-Chiao Wang	MD & Executive Director	17.9yrs	no data	0.70% NT$ 3.1b
Chi-Lin Wei	MD & Independent Director	14.9yrs	no data	no data
Ruey-Yu Wang	MD & Executive Director	17.9yrs	no data	0.14% NT$ 609.1m
Wen-Yuan Wong	MD & Executive Director	17.9yrs	no data	0.73% NT$ 3.2b
Jerry Lin	Senior VP & Director	5.9yrs	no data	no data
Hsiueh-Hong Wang	Director	14.9yrs	no data	0.12% NT$ 508.5m
Chin-Jen Wu	Independent Director	11.9yrs	no data	no data
K. H. Wu	Director	30.1yrs	no data	no data
Jaing-Nan Lin	Chairman	21yrs	no data	no data
Ralph Ho	Director	24yrs	no data	no data
Yen-Shiang Shih	Independent Director	5.9yrs	no data	0.0026% NT$ 11.5m
Cheng-Chung Cheng	Director	11.9yrs	no data	no data

16.4yrs

Average Tenure

73yo

Average Age

Experienced Board: 1301's board of directors are seasoned and experienced ( 16.4 years average tenure).

Formosa Plastics Management

Management criteria checks 2/4

Key information

Recent management updates

Formosa Plastics Corporation, Annual General Meeting, Jun 20, 2024

Formosa Plastics Corporation Announces Demise of C.T. Lee, Director

Formosa Plastics Corporation Announces Formation of Sustainable Development Committee

Formosa Plastics Corporation, Annual General Meeting, Jun 23, 2021

Recent updates

Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt

Price target decreased by 9.0% to NT$74.00

Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be

Consensus revenue estimates fall by 11%

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

Full year 2023 earnings: EPS and revenues miss analyst expectations

Formosa Plastics Corporation, Annual General Meeting, Jun 20, 2024

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

Consensus EPS estimates fall by 12%

Third quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Consensus EPS estimates increase by 37%

Consensus EPS estimates fall by 43%

Consensus EPS estimates increase by 13%

New minor risk - Earnings quality

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 17%

Consensus EPS estimates fall by 10%

New major risk - Dividend sustainability

Upcoming dividend of NT$4.20 per share at 4.6% yield

Formosa Plastics Corporation Announces Cash Dividend, Payable on July 26, 2023

Consensus revenue estimates decrease by 13%

Formosa Plastics Corporation Announces Demise of C.T. Lee, Director

Consensus EPS estimates increase by 22%, revenue downgraded

Consensus EPS estimates fall by 39%

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates fall by 12%

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to NT$109

Now 22% undervalued after recent price drop

Consensus revenue estimates fall by 12%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorated over the past week

Upcoming dividend of NT$8.20 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Formosa Plastics Corporation Announces Formation of Sustainable Development Committee

Full year 2021 earnings: EPS exceeds analyst expectations

Third quarter 2021 earnings released: EPS NT$3.03 (vs NT$1.63 in 3Q 2020)

Second quarter 2021 earnings released: EPS NT$3.18 (vs NT$0.099 loss in 2Q 2020)

Upcoming dividend of NT$2.40 per share

Consensus EPS estimates increase to NT$8.39

First quarter 2021 earnings released: EPS NT$2.35 (vs NT$0.062 loss in 1Q 2020)

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

Consensus EPS estimates increase to NT$7.83

Formosa Plastics Corporation Proposes Dividend Distribution for the Year Ended December 31, 2020

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

Formosa Plastics Corporation, Annual General Meeting, Jun 23, 2021

Full year 2020 earnings released: EPS NT$3.15 (vs NT$5.86 in FY 2019)

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

New 90-day high: NT$99.80

Price target raised to NT$107

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

New 90-day high: NT$97.10

New 90-day high: NT$92.30

Analysts update estimates

New 90-day high: NT$89.30

Third quarter 2020 earnings released: EPS NT$1.63

Earnings beat expectations, revenue disappoints

New 90-day high: NT$84.90

Formosa Plastics Corporation announced that it expects to receive TWD 1.5 million in funding from Formosa Chemicals & Fibre Corporation

Analysts update estimates

Tokuyama Corporation Announces to Establishment of Joint Venture in Taiwan with Formosa Plastics Corporation

Analysts update estimates

First half earnings released

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age