Business description: Formosa Plastics Corporation

Formosa Plastics Corp is a Taiwan-based company mainly 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, ethylene vinyl acetate copolymers, low-density polyethylene and linear low-density polyethylene. 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 Electronic Materials division provides distributed control systems (DCSs).

Sales by Activity: Formosa Plastics Corporation

Fiscal Period: December 2020 (TWD) 2021 (TWD) 2022 (TWD) 2023 (TWD) 2024 (TWD)

Department of Plastic

63.84B 94.09B 96.43B 70.18B 70.65B

Polyolefin Division

39.8B 57.94B 54.62B 45.46B 38.23B

Polypropylene unit

33.99B 39.68B 31.7B 27.02B 31.66B

Tairylan

27.93B 46.6B 42.09B 32.44B 34.59B

Chemicals Division

19.81B 35.36B 26.35B 22.81B 23.67B

Others

10.28B 11.68B 14.97B 14.42B 13.36B

Adjustment and Elimination

-9.83B -11.76B -14.52B -13.19B -12.12B

Geographical breakdown of sales: Formosa Plastics Corporation

Fiscal Period: December 2020 (TWD) 2021 (TWD) 2022 (TWD) 2023 (TWD) 2024 (TWD)

Others countries

51.94B 90.66B 93.83B 73.55B 76.28B

China

77.09B 98.71B 83.96B 68.61B 67.05B

Taiwan

56.78B 84.24B 73.86B 56.99B 56.71B

Executive Committee: Formosa Plastics Corporation

Manager TitleAgeSince
Director of Finance/CFO - 27/03/2008
President - 18/12/2025
Corporate Officer/Principal 80 28/07/2021
Corporate Officer/Principal - 28/07/2021
Corporate Officer/Principal - 28/07/2021

Composition of the Board of Directors: Formosa Plastics Corporation

Director TitleAgeSince
Chairman - 20/03/1973
Director/Board Member - 04/06/2006
Director/Board Member 68 03/07/2011
Director/Board Member - 03/07/2011
Director/Board Member - 04/06/2006
Director/Board Member - 04/06/2006
Director/Board Member 80 04/06/2009
Director/Board Member - 18/06/2012
Director/Board Member - 16/05/2000
Director/Board Member - 19/06/2018

Shareholders: Formosa Plastics Corporation

NameEquities%Valuation
7.65 %
486,978,694 7.65 % 732 M NT$
4.631 %
294,793,105 4.631 % 443 M NT$
2.065 %
131,460,365 2.065 % 198 M NT$
0.7093 %
45,151,509 0.7093 % 68 M NT$
0.1847 %
11,756,433 0.1847 % 18 M NT$

Holdings: Formosa Plastics Corporation

NameEquities%Valuation
2,720,549,010 28.56% 4 616 M $
783,356,866 9.88% 1 889 M $
112,707,716 29.06% 505 M $
198,743,936 3.39% 267 M $
9,602,567 1.31% 13 M $

Company details: Formosa Plastics Corporation

Formosa Plastics Corp.

No. 201, Tung Hwa North Road

105 08, Taipei

+886 7 371 1411

http://www.fpc.com.tw
address Formosa Plastics Corporation(1301)

Plastics

Change 5d. change 1-year change 3-years change Capi.($)
+5.91%-2.71%+29.88%-45.08% 10.04B
-1.30%+8.30%-11.13%-40.36% 23.95B
-0.39%-0.39%+9.32%-1.90% 20.95B
+0.62%-21.80%+30.34%-55.88% 16.35B
-0.13%-0.43%+3.39%+52.71% 14.53B
-0.50%-1.10%+87.88%-46.51% 8.67B
+4.78%-9.80%+58.08%-35.12% 8.45B
+0.11%-6.46%+44.95%+87.07% 6.75B
-0.47%-5.47%+11.25%-48.46% 6.47B
-6.60%-14.42%+475.00%+481.61% 5.96B
Average +0.20%-4.02%+73.90%+34.81% 12.21B
Weighted average by Cap. +0.19%-2.82%+42.87%+6.87%
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
50.20TWD
Average target price
46.33TWD
Spread / Average Target
-7.70%

Quarterly revenue - Rate of surprise

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