4746 Stock Splits - Formosa Laboratories Inc

Price: 73.6 TWD 0.96%

Market Cap: 8.9B TWD

The company executed a 1949-for-1934 stock split, meaning that for every 1934 shares held, investors received 1949 new shares.

Before the split, Formosa Laboratories Inc traded at 42.225 per share. Afterward, the share price was about 40.3124.

The adjusted shares began trading on Mar 5, 2020. This was Formosa Laboratories Inc's 3rd stock split, following the previous one in Jul 5, 2018.

Mar 5, 2020

1949-for-1934

Jul 5, 2018

1021-for-1018

Aug 20, 2013

1382-for-1365

Pre-Split Price

42.225

Post-Split Price

40.3124

Adjust Price

Mar 5, 2020

1949-for-1934

Jul 5, 2018

1021-for-1018

Aug 20, 2013

1382-for-1365

Formosa Laboratories Inc
Stock Splits History

Logarithmic

Mar 5, 2020

Split 1949-for-1934

x1.0077559462254

Pre-Split Price

40.1686

Post-Split Price

40.3124

Adjust Price

Jul 5, 2018

Split 1021-for-1018

x1.0029469548134

Pre-Split Price

48.6174

Post-Split Price

48.5153

Adjust Price

Aug 20, 2013

Split 1382-for-1365

x1.0124542124542

Pre-Split Price

47.3742

Post-Split Price

45.8006

Adjust Price

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Date	Company		Split	Pre-Split Price	Post-Split Price
Mar 18, 2025		Worksport Ltd NASDAQ:WKSP WKSP Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-10 /10	0.0348 0.3477 USD	3.76 3.76 USD
Mar 18, 2025		NAYA Biosciences Inc NASDAQ:NAYA NAYA Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-12 /12	0.2 2.4 USD	2.46 2.46 USD
Mar 17, 2025		Beijing Compass Technology Development Co Ltd SZSE:300803 300803 Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-1 x1	92.86 64.0414 CNY	64.31 64.31 CNY
Mar 17, 2025	L	Luxxu Group Ltd HKEX:1327 1327 Valuation & Fundamental Analysis Stock Splits Performance Benchmark	326-for-313 x1.0415335463259	0.163 0.1565 HKD	0.157 0.157 HKD
Mar 17, 2025		Workhorse Group Inc NASDAQ:WKHS WKHS Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-12 /12	0.208 2.6 USD	2.03 2.03 USD

Formosa Laboratories Inc
Glance View

Market Cap

8.9B TWD

Industry

Pharmaceuticals

Formosa Laboratories, Inc. engages in the research and development of biotechnology new drugs. The company is headquartered in Taoyuan, Taoyuan. The company went IPO on 2009-11-27. The firm primarily provides UV-proof active ingredients series products, vitamin D derivative series products, anti-inflammatory analgesic series products, steroid, anti-cancer drugs, cholesterol phosphate binding agents, nuclear magnetic resonance (NMR) reagents, respiratory disease drugs, central nervous system drugs, immune system regulators and weight loss drugs, as well as customized research and development and original equipment manufacturing (OEM) services. The firm distributes its products to Europe, the Americas, Asia and other markets.

View Formosa Laboratories Inc Analysis

Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

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Formosa Laboratories Inc
TWSE:4746

Formosa Laboratories Inc's latest stock split occurred on Mar 5, 2020

Formosa Laboratories Inc
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Formosa Laboratories Inc TWSE:4746

Formosa Laboratories Inc's latest stock split occurred on Mar 5, 2020

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Formosa Laboratories Inc
TWSE:4746

Formosa Laboratories Inc
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Formosa Laboratories Inc
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