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1301 - Formosa Plastics Share Price

TWD77.6 0.2  0.3%

Last Trade - 6:30am

Sector
Basic Materials
Size
Large Cap
Market Cap £12.83bn
Enterprise Value £12.42bn
Revenue £5.13bn
Position in Universe 103rd / 5988
Bullish
Bearish
Unlock 1301 Revenue
Momentum
Relative Strength (%)
1m -7.89%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -24.1%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
216,589 191,545 180,173 206,710 230,370 207,849 181,829 204,509 -0.8%
-13.4 +73.0 +27.6 +30.7 -2.4 -25.8 -36.7 +39.8
PEG
Profitability
ROA
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%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Formosa Plastics Corporation revenues decreased 21% to NT$42.02B. Net loss totaled NT$393.7M vs. income of NT$8.14B. Revenues reflect Plastic segment decrease of 18% to NT$15B, Polypropylene segment decrease of 29% to NT$6.68B. Net loss reflects Equity Investment Gains decrease from NT$4.03B (income) to NT$2.45B (expense), Interest Capitalized decrease of 78% to NT$21.8M (income).
Health Trend(F-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

1301 Revenue Unlock 1301 Revenue

Net Income

1301 Net Income Unlock 1301 Revenue

Normalised EPS

1301 Normalised EPS Unlock 1301 Revenue

PE Ratio Range

1301 PE Ratio Range Unlock 1301 Revenue

Dividend Yield Range

1301 Dividend Yield Range Unlock 1301 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
1301 EPS Forecasts Unlock 1301 Revenue
Profile Summary

Formosa Plastics Corporation is a Taiwan-based company principally engaged in the manufacture and sales of chemical products. The Company operates through eight divisions. The Plastic division provides polyvinyl chloride (PVC) powders and liquid soda. The Polyolefin division provides high-density polyethylene (PE), polyvinyl acetate, low-density PE and linear low-density PE. The Polypropylene division provides polypropylene products. The Taililang division provides acrylic staple fibers, acrylic ester and carbon fibers. The Chemicals division provides acrylonitrile, methyl tert-butyl ether, methacrylic ester and epoxy chloropropane. The Calcium Carbide division provides calcium carbonates and calcium carbides. The Public Work division provides water, electricity and steam. The Others division provides distributed control systems (DCSs).

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated November 5, 1954
Public Since July 27, 1964
No. of Shareholders: 226,096
No. of Employees: 6,784
Sector Basic Materials
Industry Chemicals
Index Taiwan SE Weighted ,
Exchange Taiwan Stock Exchange
Shares in Issue 6,365,741,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
1301 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for 1301
Upcoming Events for 1301
Tuesday 11th August, 2020 Estimate
Q2 2020 Formosa Plastics Corp Earnings Release
Friday 4th September, 2020 Estimate
August 2020 Formosa Plastics Corp Corporate Sales Release
Tuesday 6th October, 2020 Estimate
September 2020 Formosa Plastics Corp Corporate Sales Release
Tuesday 3rd November, 2020 Estimate
October 2020 Formosa Plastics Corp Corporate Sales Release
Tuesday 10th November, 2020 Estimate
Q3 2020 Formosa Plastics Corp Earnings Release
Friday 4th December, 2020 Estimate
November 2020 Formosa Plastics Corp Corporate Sales Release
Friday 8th January, 2021 Estimate
December 2020 Formosa Plastics Corp Corporate Sales Release
Frequently Asked Questions for Formosa Plastics
What is the Formosa Plastics share price?

As of 6:30am, shares in Formosa Plastics are trading at TWD77.6, giving the company a market capitalisation of £12.83bn. This share price information is delayed by 15 minutes.

How has the Formosa Plastics share price performed this year?

Shares in Formosa Plastics are currently trading at TWD77.6 and the price has moved by -20.62% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Formosa Plastics price has moved by -20.34% over the past year.

What are the analyst and broker recommendations for Formosa Plastics?

Of the analysts with advisory recommendations for Formosa Plastics, there are there are currently 3 "buy" , 5 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Formosa Plastics is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Formosa Plastics next release its financial results?

Formosa Plastics is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Formosa Plastics dividend yield?

The Formosa Plastics dividend yield is 5.68% based on the trailing twelve month period.

Does Formosa Plastics pay a dividend?

Last year, Formosa Plastics paid a total dividend of 4.4, and it currently has a trailing dividend yield of 5.68%. Looking ahead, Formosa Plastics has not announced an ex-dividend date yet.

When does Formosa Plastics next pay dividends?

Formosa Plastics has yet to annouce their ex-dividend date. The historic dividend yield on Formosa Plastics shares is currently 5.68%.

How do I buy Formosa Plastics shares?

To buy shares in Formosa Plastics you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Formosa Plastics?

Shares in Formosa Plastics are currently trading at TWD77.6, giving the company a market capitalisation of £12.83bn.

Where are Formosa Plastics shares listed? Where are Formosa Plastics shares listed?

Here are the trading details for Formosa Plastics:

Country of listing: Taiwan
Exchange: TAI
Ticker Symbol: 1301
What kind of share is Formosa Plastics?

Based on an overall assessment of its quality, value and momentum, Formosa Plastics is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Formosa Plastics share price forecast 2020?

Shares in Formosa Plastics are currently priced at TWD77.6. At that level they are trading at 18.04% discount to the analyst consensus target price of 0.00.

Analysts covering Formosa Plastics currently have a consensus Earnings Per Share (EPS) forecast of 3.71 for the next financial year.

How can I tell whether the Formosa Plastics share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Formosa Plastics. Over the past six months, the relative strength of its shares against the market has been -10.36%. At the current price of TWD77.6, shares in Formosa Plastics are trading at -13.46% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Formosa Plastics PE Ratio?

The Formosa Plastics PE ratio based on its reported earnings over the past 12 months is 17.14. The shares are currently trading at TWD77.6.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Formosa Plastics?

Formosa Plastics's management team is headed by:

C.T. Lee - DRC
Wilfred Wang - MDR
Jason Lin - CHM
Susan Wang - MDR
Wen Yuan Wong - MDR
Cher Wang - DRC
Chi-Lin Wea - MDR
Cheng-Chung Cheng - DGM
Kwang-Ming Chen - DGM
King-Long Huang - DGM
Ching-Lian Huang - DGM
Jerry Lin - DGM
K.H. Wu - DRC
Ralph Ho - DRC
Yen-Shiang Shih - IND
Who are the major shareholders of Formosa Plastics?

Here are the top five shareholders of Formosa Plastics based on the size of their shareholding:

Chang Gung Medical Foundation Corporation
Percentage owned: 9.44% (601.0m shares)
Formosa Chemicals & Fibre Corp Corporation
Percentage owned: 7.65% (487.0m shares)
ICBC Corporation
Percentage owned: 6.26% (398.7m shares)
Nan Ya Plastics Corp Corporation
Percentage owned: 4.63% (294.8m shares)
Chindwell International Investment Corporation Corporation
Percentage owned: 4.16% (264.7m shares)
Similar to 1301
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