XTAI1301
Market cap7.17bUSD
Dec 20, Last price
36.70TWD
1D
-4.05%
1Q
-24.72%
Jan 2017
-58.86%
Name
Formosa Plastics Corp
Chart & Performance
Profile
Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. Its plastic products include PVC, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and compound rubber particles. The company also provides chemicals, such as liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol. In addition, it offers carbon fibers; process computer DCS systems, warehouse logistics control systems, real-time production management systems, safety control systems, and laboratories information management systems; and other products, including dye-sensitized batteries, processing aids, impact modifiers, haibo, chlorinated solvents, purified hydrogen, lithium-ion battery electrolytes, lime, calcium carbonate powder, and hydrochloric acid, as well as antibacterial products. The company provides its products for use in various applications, such as daily necessities, outdoor sports, mechanical engineering, building materials coatings, 3C home appliances, civil and agricultural livestock, and other applications. Formosa Plastics Corporation was incorporated in 1954 and is headquartered in Kaohsiung, Taiwan.
Valuation
Title TWD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 199,138,777 -20.87% | 251,647,354 -8.02% | 273,598,301 47.24% | |||||||
Cost of revenue | 203,166,246 | 224,849,170 | 213,353,692 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | (4,027,469) | 26,798,184 | 60,244,609 | |||||||
NOPBT Margin | 10.65% | 22.02% | ||||||||
Operating Taxes | (341,078) | 7,651,519 | 14,601,503 | |||||||
Tax Rate | 28.55% | 24.24% | ||||||||
NOPAT | (3,686,391) | 19,146,665 | 45,643,106 | |||||||
Net income | 7,337,709 -79.70% | 36,142,868 -49.35% | 71,355,311 256.13% | |||||||
Dividends | (26,745,324) | (52,172,634) | (15,282,289) | |||||||
Dividend yield | 5.30% | 9.44% | 2.31% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 74,819,099 | 48,204,017 | 16,004,064 | |||||||
Long-term debt | 58,676,794 | 34,953,764 | 40,572,496 | |||||||
Deferred revenue | 6,159,185 | |||||||||
Other long-term liabilities | 3,745,444 | 4,017,109 | 199,338 | |||||||
Net debt | (205,978,253) | (162,992,201) | (200,674,656) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 6,157,311 | 56,801,615 | 57,859,343 | |||||||
CAPEX | (17,147,169) | (14,786,645) | (18,281,294) | |||||||
Cash from investing activities | (27,488,683) | (18,320,694) | (21,820,848) | |||||||
Cash from financing activities | 12,531,474 | (30,405,152) | (35,986,383) | |||||||
FCF | (34,793,407) | 5,042,719 | 45,601,008 | |||||||
Balance | ||||||||||
Cash | 98,528,070 | 105,621,042 | 126,825,723 | |||||||
Long term investments | 240,946,076 | 140,528,940 | 130,425,493 | |||||||
Excess cash | 329,517,207 | 233,567,614 | 243,571,301 | |||||||
Stockholders' equity | 169,641,422 | 349,335,710 | 394,841,292 | |||||||
Invested Capital | 313,604,993 | 210,657,709 | 222,406,449 | |||||||
ROIC | 8.84% | 20.96% | ||||||||
ROCE | 5.78% | 12.42% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 6,365,970 | 6,366,662 | 6,365,741 | |||||||
Price | 79.20 -8.76% | 86.80 -16.54% | 104.00 7.88% | |||||||
Market cap | 504,184,824 -8.77% | 552,626,262 -16.53% | 662,037,064 7.88% | |||||||
EV | 298,206,571 | 389,634,061 | 461,362,408 | |||||||
EBITDA | 4,040,544 | 35,254,456 | 68,588,989 | |||||||
EV/EBITDA | 73.80 | 11.05 | 6.73 | |||||||
Interest | 2,113,967 | 1,037,054 | 790,439 | |||||||
Interest/NOPBT | 3.87% | 1.31% |