Formosa Chemicals & Fibre Corporation

$ 54.20 0.93 %

Founded in 1965 and headquartered in Taipei, Taiwan, Formosa Chemicals & Fibre Corporation operates as a multifaceted industrial enterprise with a significant presence both domestically and in international markets. Its primary activities encompass the manufacturing and distribution of a diverse range of petrochemicals, including essential compounds like benzene, para-xylene, and styrene monomer, as well as a variety of plastic products such as polystyrene, ABS resin, and polycarbonate. The company is also a major producer in the textile sector, specializing in nylon fibers, rayon staple fibers, and an extensive selection of specialized yarns, from fireproof and mosaic to multi-blended and ring spun varieties. Beyond its core chemical and fiber businesses, Formosa Chemicals & Fibre maintains a broad portfolio of operations. These include comprehensive textile processing services like spinning, dyeing, printing, and finishing, alongside the production of synthetic fabrics, rugs, and carpets. The corporation is involved in investment activities, energy generation through cogeneration and power plants, and it holds interests in real estate development, rental, and sales. Environmental services, such as waste disposal and spent catalyst recycling, also form part of its scope. Furthermore, the company extends into high-tech manufacturing, covering the research, assembly, and testing of integrated circuits, production of synthetic rubber, industrial catalysts, and battery energy storage systems. Its diverse engagements also encompass the wholesale and retail of chemical and plastic raw materials, international trading, manufacturing and sales of cosmetics and ready-to-wear apparel, provision of employment services, and the planning, design, and installation of LED lighting systems.

CEO: Fu-Yuan Hong - https://www.fcfc.com.tw

Price objectif

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Recommandation

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DCF

$ 23.66

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1326.TW vs S&P500

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Quick ratio

1.59

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

-54.75

may indicate that the company is undervalued or has poor growth prospects.

EPS

-0.99

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

0.28 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

-0.04 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

6.19

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.35

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

2.05

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

330.66 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
8 indicates good financial health
Altman score
1.90 indicates an uncertain financial situation
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Cash / Debt

Cash Ratio
0.15 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.22 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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