Formosa Plastics Corp
TWSE:1301

Watchlist Manager
Formosa Plastics Corp Logo
Formosa Plastics Corp
TWSE:1301
Watchlist
Price: 37.4 TWD -0.4% Market Closed
Market Cap: 238.1B TWD
Have any thoughts about
Formosa Plastics Corp?
Write Note

Formosa Plastics Corp
Other Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Formosa Plastics Corp
Other Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Formosa Plastics Corp
TWSE:1301
Other Current Assets
NT$5.1B
CAGR 3-Years
2%
CAGR 5-Years
7%
CAGR 10-Years
-1%
China Petrochemical Development Corp
TWSE:1314
Other Current Assets
NT$11.6B
CAGR 3-Years
34%
CAGR 5-Years
36%
CAGR 10-Years
21%
Nan Ya Plastics Corp
TWSE:1303
Other Current Assets
NT$6.8B
CAGR 3-Years
7%
CAGR 5-Years
10%
CAGR 10-Years
-1%
Eternal Materials Co Ltd
TWSE:1717
Other Current Assets
NT$1B
CAGR 3-Years
2%
CAGR 5-Years
9%
CAGR 10-Years
-13%
S
Shinkong Synthetic Fiber Corp
TWSE:1409
Other Current Assets
NT$70.8B
CAGR 3-Years
6%
CAGR 5-Years
6%
CAGR 10-Years
5%
Formosa Chemicals & Fibre Corp
TWSE:1326
Other Current Assets
NT$12.4B
CAGR 3-Years
-4%
CAGR 5-Years
4%
CAGR 10-Years
-1%
No Stocks Found

Formosa Plastics Corp
Glance View

Market Cap
238.1B TWD
Industry
Chemicals

Formosa Plastics Corp., nestled within the bustling economic landscape of Taiwan, emerged as a critical player in the global petrochemical industry. Founded in 1954 by Wang Yung-ching and Wang Yung-tsai, the company began with a vision of transforming Taiwan's industrial capabilities. It has grown into an integrated giant that spans across the petrochemical and plastics sectors, known for its extensive product lineup that includes PVC resins, polyethylene, and polypropylene, among others. At its core, Formosa Plastics thrives through its vertically integrated operations, from the acquisition of raw materials to the production of finished plastic products. This integration not only maximizes cost efficiency but also ensures a seamless supply chain, allowing the company to maintain competitive pricing and timely delivery in global markets. Its massive complex in Mailiao, Taiwan, acts as a vibrant hub of production, housing state-of-the-art facilities crafted to optimize the various stages of chemical processing. The company's impressive revenue streams flow from a diversified product range used across industries including construction, automotive, and electronics—sectors that rely heavily on durable and flexible plastic materials. Formosa Plastics leverages these vast applications to secure its profitability in fluctuating markets. As a result, the company continually invests in advanced technologies and environmentally friendly practices, notably aiming to balance industrial prowess with sustainable processes. This dual focus not only enhances their competitive edge but also positions Formosa Plastics as a forward-thinking leader capable of adapting to the evolving demands of both the market and ecological considerations.

Intrinsic Value
54.6 TWD
Undervaluation 31%
Intrinsic Value
Price

See Also

What is Formosa Plastics Corp's Other Current Assets?
Other Current Assets
5.1B TWD

Based on the financial report for Sep 30, 2024, Formosa Plastics Corp's Other Current Assets amounts to 5.1B TWD.

What is Formosa Plastics Corp's Other Current Assets growth rate?
Other Current Assets CAGR 10Y
-1%

Over the last year, the Other Current Assets growth was -3%. The average annual Other Current Assets growth rates for Formosa Plastics Corp have been 2% over the past three years , 7% over the past five years , and -1% over the past ten years .

Back to Top