Formosa Plastics Corp
TWSE:1301
Formosa Plastics Corp
Tax Provision
Formosa Plastics Corp
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Formosa Plastics Corp
TWSE:1301
|
Tax Provision
NT$1.2B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
China Petrochemical Development Corp
TWSE:1314
|
Tax Provision
-NT$160.6m
|
CAGR 3-Years
26%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
-11%
|
|
|
Nan Ya Plastics Corp
TWSE:1303
|
Tax Provision
-NT$1.2B
|
CAGR 3-Years
60%
|
CAGR 5-Years
19%
|
CAGR 10-Years
3%
|
|
|
Eternal Materials Co Ltd
TWSE:1717
|
Tax Provision
-NT$870m
|
CAGR 3-Years
3%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-2%
|
|
|
S
|
Shinkong Synthetic Fiber Corp
TWSE:1409
|
Tax Provision
-NT$479.4m
|
CAGR 3-Years
22%
|
CAGR 5-Years
5%
|
CAGR 10-Years
-7%
|
|
|
Formosa Chemicals & Fibre Corp
TWSE:1326
|
Tax Provision
NT$186.6m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
Formosa Plastics Corp
Glance View
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.
See Also
What is Formosa Plastics Corp's Tax Provision?
Tax Provision
1.2B
TWD
Based on the financial report for Dec 31, 2024, Formosa Plastics Corp's Tax Provision amounts to 1.2B TWD.
What is Formosa Plastics Corp's Tax Provision growth rate?
Tax Provision CAGR 1Y
247%
Over the last year, the Tax Provision growth was 247%.
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