Formosa Plastics Management

Mr. Wen-Bee Kuo serves as its President and Chairman of Formosa Plastics Corporation and has been its Chairman since June 20, 2024 and served as Acting President since March 10, 2023. He serves as Presiden...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wen-Bee Kuo	President & Chairman	1.7yrs	no data	no data
Zhen-Xiao Lei	Senior Vice President of Finance Division	12.9yrs	no data	no data
Qiting Liu	Assistant Vice President of Accounting Department	no data	no data	no data
Wen-Chiao Wang	MD & Executive Director	no data	no data	0.70% NT$ 2.0b
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$ 388.0m
Wen-Yuan Wong	MD & Executive Director	no data	no data	0.73% NT$ 2.0b
Jerry Lin	Senior Vice President	7.7yrs	no data	no data
Tony Liang	Senior Vice President	3.7yrs	no data	0.00016% NT$ 447.6k

5.7yrs

Average Tenure

Experienced Management: 1301's management team is seasoned and experienced (5.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wen-Bee Kuo	President & Chairman	less than a year	no data	no data
Wen-Chiao Wang	MD & Executive Director	18.4yrs	no data	0.70% NT$ 2.0b
Chi-Lin Wei	MD & Independent Director	15.4yrs	no data	no data
Ruey-Yu Wang	MD & Executive Director	18.4yrs	no data	0.14% NT$ 388.0m
Wen-Yuan Wong	MD & Executive Director	18.4yrs	no data	0.73% NT$ 2.0b
Hsiueh-Hong Wang	Director	15.4yrs	no data	0.12% NT$ 323.9m
Chin-Jen Wu	Independent Director	12.4yrs	no data	no data
K. H. Wu	Director	30.6yrs	no data	no data
Ralph Ho	Director	24.5yrs	no data	no data
Yen-Shiang Shih	Independent Director	6.4yrs	no data	0.0026% NT$ 7.3m
Ching-Tse Yeh	Independent Director	less than a year	no data	no data
Sang- Chi Lin	Director	3.3yrs	no data	no data

15.4yrs

Average Tenure

74yo

Average Age

Experienced Board: 1301's board of directors are seasoned and experienced ( 15.4 years average tenure).

Formosa Plastics Management

Management criteria checks 2/4

Key information

Recent management updates

Formosa Plastics Corporation Announces Change of the Sustainable Development Committee Members

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

Third quarter 2024 earnings: EPS misses analyst expectations

We Think Formosa Plastics (TWSE:1301) Has A Fair Chunk Of Debt

Consensus EPS estimates increase by 10%, revenue downgraded

Investors Still Waiting For A Pull Back In Formosa Plastics Corporation (TWSE:1301)

Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Formosa Plastics Corporation to Report Q2, 2024 Results on Aug 08, 2024

We Think Formosa Plastics (TWSE:1301) Has A Fair Chunk Of Debt

Upcoming dividend of NT$1.00 per share

Formosa Plastics Corporation Announces Change of the Sustainable Development Committee Members

Revenues Tell The Story For Formosa Plastics Corporation (TWSE:1301)

Formosa Plastics Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

First quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.37 in 1Q 2023)

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