Formosa Chemicals & Fibre Corporation

TWSE:1326 Stock Report

Market Cap: NT$168.2b

Formosa Chemicals & Fibre Past Earnings Performance

Past criteria checks 4/6

Formosa Chemicals & Fibre's earnings have been declining at an average annual rate of -26.7%, while the Chemicals industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 4.6% per year. Formosa Chemicals & Fibre's return on equity is 0.7%, and it has net margins of 0.4%.

Key information

-26.7%

Earnings growth rate

-26.7%

EPS growth rate

Chemicals Industry Growth7.9%
Revenue growth rate4.6%
Return on equity0.7%
Net Margin0.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Nov 19
There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Concerns Surrounding Formosa Chemicals & Fibre's (TWSE:1326) Performance

May 21
Concerns Surrounding Formosa Chemicals & Fibre's (TWSE:1326) Performance

Recent updates

Lacklustre Performance Is Driving Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Dec 16
Lacklustre Performance Is Driving Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Nov 19
There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Estimating The Intrinsic Value Of Formosa Chemicals & Fibre Corporation (TWSE:1326)

Nov 06
Estimating The Intrinsic Value Of Formosa Chemicals & Fibre Corporation (TWSE:1326)

Formosa Chemicals & Fibre (TWSE:1326) Takes On Some Risk With Its Use Of Debt

Oct 20
Formosa Chemicals & Fibre (TWSE:1326) Takes On Some Risk With Its Use Of Debt

Revenues Working Against Formosa Chemicals & Fibre Corporation's (TWSE:1326) Share Price

Sep 13
Revenues Working Against Formosa Chemicals & Fibre Corporation's (TWSE:1326) Share Price

Formosa Chemicals & Fibre Corporation (TWSE:1326) Shares Could Be 44% Below Their Intrinsic Value Estimate

Jul 26
Formosa Chemicals & Fibre Corporation (TWSE:1326) Shares Could Be 44% Below Their Intrinsic Value Estimate

Investors Aren't Entirely Convinced By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Revenues

Jun 11
Investors Aren't Entirely Convinced By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Revenues

Concerns Surrounding Formosa Chemicals & Fibre's (TWSE:1326) Performance

May 21
Concerns Surrounding Formosa Chemicals & Fibre's (TWSE:1326) Performance

Formosa Chemicals & Fibre Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 09
Formosa Chemicals & Fibre Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Is Formosa Chemicals & Fibre (TWSE:1326) A Risky Investment?

Apr 08
Is Formosa Chemicals & Fibre (TWSE:1326) A Risky Investment?

Why Investors Shouldn't Be Surprised By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Feb 26
Why Investors Shouldn't Be Surprised By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Revenue & Expenses Breakdown

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

Earnings and Revenue History

TWSE:1326 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24354,9131,56515,2430
30 Jun 24354,83910,98315,1000
31 Mar 24333,53210,84714,5400
31 Dec 23332,6208,54914,4750
30 Sep 23330,99092515,0750
30 Jun 23334,904-4,08115,5800
31 Mar 23367,52653116,8820
31 Dec 22379,8977,36018,0280
30 Sep 22388,58518,42919,1940
30 Jun 22388,97225,45219,9740
31 Mar 22377,05731,54719,5670
31 Dec 21365,81238,35919,0060
30 Sep 21343,86644,55917,5050
30 Jun 21312,89348,28915,9190
31 Mar 21273,00537,02714,8860
31 Dec 20253,29519,54514,2080
30 Sep 20251,78312,24114,4260
30 Jun 20267,01811,31914,8700
31 Mar 20290,59415,62615,2400
31 Dec 19315,38528,49815,5300
30 Sep 19336,97226,38315,4740
30 Jun 19369,21933,80715,4250
31 Mar 19389,35342,63815,3030
31 Dec 18399,07447,34915,0630
30 Sep 18405,08063,17015,0010
30 Jun 18385,64761,51314,8110
31 Mar 18368,11855,67414,5760
31 Dec 17358,42154,41114,2820
30 Sep 17341,82147,09313,9480
30 Jun 17333,55943,94213,8170
31 Mar 17332,66548,78713,8990
31 Dec 16319,20543,83314,1160
30 Sep 16315,68441,06914,2490
30 Jun 16314,94633,93114,2950
31 Mar 16324,24032,84914,4060
31 Dec 15329,34927,57814,3390
30 Sep 15340,06615,43214,2680
30 Jun 15361,58915,06914,1660
31 Mar 15381,4026,33613,9830
31 Dec 14401,45410,52813,7550
30 Sep 14421,22119,83213,7570
30 Jun 14428,94521,82913,6320
31 Mar 14427,21122,44713,7080
31 Dec 13428,00024,86413,5810

Quality Earnings: 1326 has high quality earnings.

Growing Profit Margin: 1326's current net profit margins (0.4%) are higher than last year (0.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1326's earnings have declined by 26.7% per year over the past 5 years.

Accelerating Growth: 1326's earnings growth over the past year (69.1%) exceeds its 5-year average (-26.7% per year).

Earnings vs Industry: 1326 earnings growth over the past year (69.1%) exceeded the Chemicals industry 14.3%.

Return on Equity

High ROE: 1326's Return on Equity (0.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 Chemicals & Fibre Corporation is covered by 23 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changming YehBarclays
Yong Liang PorBNP Paribas Securities (Asia)
Joon-Ho LeeBofA Global Research