Formosa Taffeta Co Ltd

Chart & Performance

D1W1MN

P/E

18.01

P/S

0.93

EPS

0.89

Div Yield, %

3.13%

Shrs. gr., 5y

0.07%

Rev. gr., 5y

-4.82%

Revenues

28.72b

+0.75%

Net income

1.49b

+235.21%

CFO

3.31b

-19.16%

Dividend

Jul 31, 20240.5 TWD/sh

Earnings

Aug 05, 2025

Profile

Formosa Taffeta Co., Ltd. operates in the textile industry in Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in researching, developing, warping, sizing, beaming, twisting, designing, weaving, dyeing, printing, and finishing fabrics and textured yarns. It provides polyamine, polyester, sports, functional, and medical fabrics; tire cord fabrics, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc.; cotton, blended, and MVS yarns; and nano far infrared ray, nano anion, germanium, fine diner, hollow section insulation, low-pilling, functional, comfort, eco-friendly, protective, and flame resistance fabrics, as well as protective fabrics of uniforms for military, police, and firefighter applications. The company also offers medical protective antibacterial, bullet proof, anti-puncture, carbon fiber fabrics, and PE plastic bags. In addition, it operates gasoline stations; and offers petroleum, as well as car washing services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was incorporated in 1973 and is headquartered in Douliu, Taiwan.

URL

http://www.ftc.com.tw/

IPO date

Dec 24, 1985

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	28,715,705 0.75%	28,501,509 -17.92%	34,722,655 5.86%
Cost of revenue	28,055,124	28,240,800	33,452,830
Unusual Expense (Income)
NOPBT	660,581	260,709	1,269,825
NOPBT Margin	2.30%	0.91%	3.66%
Operating Taxes	163,382	106,403	301,233
Tax Rate	24.73%	40.81%	23.72%
NOPAT	497,199	154,306	968,592
Net income	1,490,185 235.21%	444,554 -86.94%	3,404,981 58.88%
Dividends	(844,309)	(2,470,288)	(1,645,984)
Dividend yield	2.72%	5.82%	3.66%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	2,558,074	2,406,372	4,823,507
Long-term debt	9,870,496	12,078,260	11,247,289
Deferred revenue
Other long-term liabilities	195,612	149,548	330,775
Net debt	(16,118,910)	(33,434,836)	(30,947,064)
Cash flow
Cash from operating activities	3,308,379	4,092,706	3,624,078
CAPEX	(592,165)	(687,417)	(852,287)
Cash from investing activities	(874,297)	(1,364,064)	(909,164)
Cash from financing activities	(3,247,575)	(3,916,306)	(1,035,608)
FCF	1,278,770	2,572,143	193,746
Balance
Cash	4,337,456	5,466,956	6,554,912
Long term investments	24,210,024	42,452,512	40,462,948
Excess cash	27,111,695	46,494,393	45,281,727
Stockholders' equity	25,479,396	41,497,516	54,461,175
Invested Capital	23,136,185	26,571,867	25,668,331
ROIC	2.00%	0.59%	3.82%
ROCE	1.35%	0.38%	1.78%
EV
Common stock shares outstanding	1,688,542	1,684,665	1,682,471
Price	18.35 -27.18%	25.20 -5.79%	26.75 -8.23%
Market cap	30,984,748 -27.01%	42,453,558 -5.67%	45,006,099 -8.23%
EV	14,865,838	9,018,722	14,059,035
EBITDA	2,062,438	1,637,587	2,648,483
EV/EBITDA	7.21	5.51	5.31
Interest	335,396	348,880	221,691
Interest/NOPBT	50.77%	133.82%	17.46%