Formosa Chemicals Financials
| 1326 Stock | TWD 36.20 1.00 2.84% |
Formosa |
Understanding current and past Formosa Chemicals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Formosa Chemicals' financial statements are interrelated, with each one affecting the others. For example, an increase in Formosa Chemicals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Formosa Chemicals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Formosa Chemicals Fibre. Check Formosa Chemicals' Beneish M Score to see the likelihood of Formosa Chemicals' management manipulating its earnings.
Formosa Chemicals Stock Summary
Formosa Chemicals competes with Cheng Shin, China Steel, and Yulon. Formosa Chemicals Fibre Corporation produces and sells petrochemical products, nylon fibers, and rayon staple fibers in Taiwan, China, and internationally. Formosa Chemicals Fibre Corporation was founded in 1965 and is based in Changhua, Taiwan. FORMOSA CHEMICAL operates under Chemicals classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001326007 |
| Business Address | 201 TUNG HWA |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.fcfc.com.tw |
| Phone | 886 2 2712 2211 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Formosa Chemicals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Formosa Stock, because this is throwing your money away. Analyzing the key information contained in Formosa Chemicals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Formosa Chemicals Key Financial Ratios
There are many critical financial ratios that Formosa Chemicals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Formosa Chemicals Fibre reports annually and quarterly.| Return On Equity | 0.0518 | |||
| Return On Asset | 0.0035 | |||
| Target Price | 63.5 | |||
| Number Of Employees | 60 | |||
| Beta | 0.53 |
Formosa Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Formosa Chemicals's current stock value. Our valuation model uses many indicators to compare Formosa Chemicals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formosa Chemicals competition to find correlations between indicators driving Formosa Chemicals's intrinsic value. More Info.Formosa Chemicals Fibre is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Formosa Chemicals Fibre is roughly 14.80 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Formosa Chemicals' earnings, one of the primary drivers of an investment's value.Formosa Chemicals Fibre Systematic Risk
Formosa Chemicals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Formosa Chemicals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Formosa Chemicals Fibre correlated with the market. If Beta is less than 0 Formosa Chemicals generally moves in the opposite direction as compared to the market. If Formosa Chemicals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formosa Chemicals Fibre is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formosa Chemicals is generally in the same direction as the market. If Beta > 1 Formosa Chemicals moves generally in the same direction as, but more than the movement of the benchmark.
Formosa Chemicals Thematic Clasifications
Formosa Chemicals Fibre is part of several thematic ideas from Synthetics to Chemicals Makers. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasFormosa Chemicals November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Formosa Chemicals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Formosa Chemicals Fibre. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formosa Chemicals Fibre based on widely used predictive technical indicators. In general, we focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formosa Chemicals's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 8.89 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.17 |
Additional Tools for Formosa Stock Analysis
When running Formosa Chemicals' price analysis, check to measure Formosa Chemicals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formosa Chemicals is operating at the current time. Most of Formosa Chemicals' value examination focuses on studying past and present price action to predict the probability of Formosa Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Chemicals' price. Additionally, you may evaluate how the addition of Formosa Chemicals to your portfolios can decrease your overall portfolio volatility.