Formosa Plastics Past Earnings Performance
Past criteria checks 0/6
Formosa Plastics's earnings have been declining at an average annual rate of -19.9%, while the Chemicals industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 0.7% per year.
Key information
-19.9%
Earnings growth rate
-19.9%
EPS growth rate
Chemicals Industry Growth | 7.9% |
Revenue growth rate | 0.7% |
Return on equity | -1.4% |
Net Margin | -2.2% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent 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 26Revenue & Expenses Breakdown
How Formosa Plastics makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 24 | 197,452 | -4,408 | 12,754 | 1,606 |
30 Jun 24 | 197,696 | 5,356 | 12,166 | 1,685 |
31 Mar 24 | 195,034 | 5,216 | 11,938 | 1,745 |
31 Dec 23 | 199,139 | 7,338 | 12,076 | 1,779 |
30 Sep 23 | 202,462 | 2,846 | 10,910 | 3,038 |
30 Jun 23 | 207,379 | 1,935 | 11,498 | 2,780 |
31 Mar 23 | 232,857 | 21,911 | 12,694 | 2,303 |
31 Dec 22 | 251,647 | 36,143 | 13,866 | 1,893 |
30 Sep 22 | 274,988 | 60,386 | 14,474 | 2,069 |
30 Jun 22 | 286,272 | 73,940 | 14,972 | 1,898 |
31 Mar 22 | 284,000 | 72,969 | 14,640 | 1,815 |
31 Dec 21 | 273,598 | 71,355 | 14,203 | 1,713 |
30 Sep 21 | 253,827 | 65,215 | 13,527 | 1,222 |
30 Jun 21 | 233,065 | 56,251 | 12,569 | 1,095 |
31 Mar 21 | 204,396 | 35,390 | 11,723 | 1,098 |
31 Dec 20 | 185,813 | 20,036 | 10,888 | 1,068 |
30 Sep 20 | 179,730 | 12,477 | 10,424 | 1,360 |
30 Jun 20 | 183,270 | 17,803 | 10,402 | 1,303 |
31 Mar 20 | 196,856 | 28,790 | 10,573 | 1,274 |
31 Dec 19 | 207,849 | 37,324 | 10,671 | 1,246 |
30 Sep 19 | 215,649 | 36,505 | 10,828 | 1,338 |
30 Jun 19 | 223,308 | 39,009 | 10,908 | 1,314 |
31 Mar 19 | 229,215 | 45,807 | 10,953 | 1,220 |
31 Dec 18 | 230,370 | 49,550 | 10,829 | 1,138 |
30 Sep 18 | 227,085 | 60,072 | 10,782 | 1,031 |
30 Jun 18 | 223,192 | 58,819 | 10,784 | 1,014 |
31 Mar 18 | 213,081 | 51,376 | 10,654 | 981 |
31 Dec 17 | 206,710 | 49,383 | 10,563 | 968 |
30 Sep 17 | 204,089 | 48,584 | 10,711 | 878 |
30 Jun 17 | 192,753 | 43,053 | 10,595 | 834 |
31 Mar 17 | 185,187 | 43,570 | 10,471 | 811 |
31 Dec 16 | 180,173 | 39,393 | 10,494 | 788 |
30 Sep 16 | 175,572 | 33,179 | 10,635 | 808 |
30 Jun 16 | 180,422 | 32,314 | 10,429 | 812 |
31 Mar 16 | 186,631 | 32,946 | 10,434 | 827 |
31 Dec 15 | 191,545 | 30,877 | 10,470 | 853 |
30 Sep 15 | 195,929 | 24,504 | 9,983 | 848 |
30 Jun 15 | 204,275 | 21,461 | 10,075 | 859 |
31 Mar 15 | 212,296 | 14,336 | 10,083 | 897 |
31 Dec 14 | 216,589 | 17,875 | 10,122 | 918 |
30 Sep 14 | 222,305 | 24,035 | 9,970 | 916 |
30 Jun 14 | 220,109 | 23,031 | 10,021 | 929 |
31 Mar 14 | 217,370 | 22,399 | 10,297 | 919 |
31 Dec 13 | 215,425 | 20,716 | 10,192 | 892 |
Quality Earnings: 1301 is currently unprofitable.
Growing Profit Margin: 1301 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1301 is unprofitable, and losses have increased over the past 5 years at a rate of 19.9% per year.
Accelerating Growth: Unable to compare 1301's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1301 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (14.3%).
Return on Equity
High ROE: 1301 has a negative Return on Equity (-1.4%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/25 14:02 |
End of Day Share Price | 2024/12/25 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
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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 25 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 |