Formosa Plastics Corporation

TWSE:1301 Stock Report

Market Cap: NT$426.5b

Formosa Plastics Past Earnings Performance

Past criteria checks 1/6

Formosa Plastics's earnings have been declining at an average annual rate of -7.1%, while the Chemicals industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 2.4% per year. Formosa Plastics's return on equity is 2.1%, and it has net margins of 3.7%.

Key information

-7.1%

Earnings growth rate

-7.1%

EPS growth rate

Chemicals Industry Growth7.9%
Revenue growth rate2.4%
Return on equity2.1%
Net Margin3.7%
Last Earnings Update31 Dec 2023

Recent past performance 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

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

Revenue & Expenses Breakdown
Beta

How Formosa Plastics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:1301 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23199,1397,33812,0761,779
30 Sep 23202,4622,84610,9113,038
30 Jun 23207,3791,93511,4992,780
31 Mar 23232,85721,91112,6952,303
31 Dec 22251,64736,14313,8661,893
30 Sep 22274,98860,38614,4742,069
30 Jun 22286,27273,94014,9721,898
31 Mar 22284,00072,96914,6401,815
31 Dec 21273,59871,35514,2031,713
30 Sep 21253,82765,21513,5271,222
30 Jun 21233,06556,25112,5691,095
31 Mar 21204,39635,39011,7231,098
31 Dec 20185,81320,03610,8881,068
30 Sep 20179,73012,47710,4241,360
30 Jun 20183,27017,80310,4021,303
31 Mar 20196,85628,79010,5731,274
31 Dec 19207,84937,32410,6711,246
30 Sep 19215,64936,50510,8281,338
30 Jun 19223,30839,00910,9081,314
31 Mar 19229,21545,80710,9531,220
31 Dec 18230,37049,55010,8291,138
30 Sep 18227,08560,07210,7821,031
30 Jun 18223,19258,81910,7841,014
31 Mar 18213,08151,37610,654981
31 Dec 17206,71049,38310,563968
30 Sep 17204,08948,58410,711878
30 Jun 17192,75343,05310,595834
31 Mar 17185,18743,57010,471811
31 Dec 16180,17339,39310,494788
30 Sep 16175,57233,17910,635808
30 Jun 16180,42232,31410,429812
31 Mar 16186,63132,94610,434827
31 Dec 15191,54530,87710,470853
30 Sep 15195,92924,5049,983848
30 Jun 15204,27521,46110,075859
31 Mar 15212,29614,33610,083897
31 Dec 14216,58917,87510,122918
30 Sep 14222,30524,0359,970916
30 Jun 14220,10923,03110,021929
31 Mar 14217,37022,39910,297919
31 Dec 13215,42520,71610,192892
30 Sep 13208,59818,0159,815867
30 Jun 13203,52619,6809,440828
31 Mar 13193,70215,4338,797897

Quality Earnings: 1301 has high quality earnings.

Growing Profit Margin: 1301's current net profit margins (3.7%) are lower than last year (14.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1301's earnings have declined by 7.1% per year over the past 5 years.

Accelerating Growth: 1301's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1301 had negative earnings growth (-79.7%) over the past year, making it difficult to compare to the Chemicals industry average (-15.2%).


Return on Equity

High ROE: 1301's Return on Equity (2.1%) is considered low.


Return on Assets


Return on Capital Employed


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