Formosan Union Chemical Corp

Chart & Performance

D1W1MN

P/E

23.38

P/S

1.04

EPS

0.88

Div Yield, %

8.78%

Shrs. gr., 5y

-1.03%

Rev. gr., 5y

-0.73%

Revenues

9.43b

-10.77%

Net income

418m

-61.44%

CFO

796m

-29.38%

Dividend

Aug 27, 20240.6 TWD/sh

Earnings

Jun 13, 2025

Profile

Formosan Union Chemical Corp. produces and sells chemical products in Taiwan. The company offers alkyl benzene, which is used as a raw material for detergents; nonyl phenol that is used as a basic raw material for surfactants rubbers and plastic anti-oxidant agents, etc., as well as specialty chemicals; and hydrogenated hydrocarbon resin, which is used as a raw material for the production of ethylene-vinyl acetate polymer EVA and thermal plastic rubber TPR series hot melt adhesives. It also provides FuSyn-22, a synthetic alkylate that is used as a primary base oil or blend stock for various synthetic automotive and industrial applications. In addition, the company manufacturing, rework, and buying/selling of hydrocarbon resin, polyester polyol, melamine resin, resin clay, urea resin, alkyd resin, acetate resin, butyric acid resin, aromatics solvent oil, alkyl benzene, and sulfonic acid; manufacturing and wholesale of petrochemical raw materials, synthetic resin, rubber and plastic, and other chemicals; manufactures sugar; manufactures and sells pesticides; and manufactures batteries and electronic components, as well as power generation, transmission, and distributing machines. Further, it engages in the selling/buying of electronic materials; thermal energy supply; wholesale of cleaning products, and electrical appliances and machines; machinery and equipment installation; buying/selling of machinery and equipment; distribution of liquefied petroleum gas; and provision of petrochemical engineering planning and design, and cylinder maintenance and inspection. The company was founded in 1973 and is headquartered in Taipei, Taiwan.

URL

http://www.fucc.com.tw/

IPO date

Jul 03, 1986

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	9,432,293 -10.77%	10,571,226 14.92%	9,199,154 8.46%
Cost of revenue	8,998,896	9,543,431	7,981,981
Unusual Expense (Income)
NOPBT	433,397	1,027,795	1,217,173
NOPBT Margin	4.59%	9.72%	13.23%
Operating Taxes	83,727	260,583	91,022
Tax Rate	19.32%	25.35%	7.48%
NOPAT	349,670	767,212	1,126,151
Net income	418,188 -61.44%	1,084,639 14.46%	947,587 70.80%
Dividends	(858,629)	(810,927)	(572,420)
Dividend yield	8.60%	7.61%	5.18%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	1,602,887	2,178,315	1,890,850
Long-term debt	1,509,217	997,121	577,331
Deferred revenue
Other long-term liabilities	17,216	24,208	28,284
Net debt	436,471	194,180	426,420
Cash flow
Cash from operating activities	796,339	1,127,623	609,791
CAPEX	(58,378)	(87,290)	(114,155)
Cash from investing activities	15,311	(23,281)	(39,141)
Cash from financing activities	(1,525,221)	(550,929)	(885,145)
FCF	227,004	567,876	849,544
Balance
Cash	724,371	1,566,816	898,359
Long term investments	1,951,262	1,414,440	1,143,402
Excess cash	2,204,018	2,452,695	1,581,803
Stockholders' equity	8,195,995	8,472,594	7,715,850
Invested Capital	8,387,501	8,574,473	8,453,816
ROIC	4.12%	9.01%	13.71%
ROCE	3.97%	9.05%	11.85%
EV
Common stock shares outstanding	477,913	478,777	478,439
Price	20.90 -6.07%	22.25 -3.68%	23.10 48.08%
Market cap	9,988,382 -6.24%	10,652,788 -3.61%	11,051,941 48.11%
EV	10,694,510	11,123,460	11,753,780
EBITDA	688,041	1,280,133	1,496,414
EV/EBITDA	15.54	8.69	7.85
Interest	47,241	33,206	22,062
Interest/NOPBT	10.90%	3.23%	1.81%