Formosa Plastics (Taiwan) Today
| 1301 Stock | TWD 44.10 1.20 2.65% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Formosa Plastics is selling for under 44.10 as of the 22nd of November 2024; that is 2.65% down since the beginning of the trading day. The stock's lowest day price was 44.05. Formosa Plastics has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Formosa Plastics Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Formosa Plastics Corporation produces and sells intermediate raw materials for plastics in Taiwan, Mainland China, and internationally. The company was founded in 1954 and is headquartered in Kaohsiung City, Taiwan. FORMOSA PLASTIC operates under Rubber And Plastics classification in Taiwan and is traded on Taiwan Stock Exchange.. The company has 6.37 B outstanding shares. More on Formosa Plastics Corp
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Formosa Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Formosa Plastics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Formosa Plastics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Plastics (View all Themes) |
| Business Concentration | Plastics, Materials, Chemicals, Chemicals, Basic Materials (View all Sectors) |
Formosa Plastics Corp (1301) is traded on Taiwan Stock Exchange in Taiwan and employs 56 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 576.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Formosa Plastics's market, we take the total number of its shares issued and multiply it by Formosa Plastics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Formosa Plastics Corp operates under Chemicals sector and is part of Materials industry. The entity has 6.37 B outstanding shares.
Formosa Plastics Corp has accumulated about 128.37 B in cash with 57.86 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.17.
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Ownership AllocationFormosa Plastics holds a total of 6.37 Billion outstanding shares. Formosa Plastics Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Formosa Plastics Corp Risk Profiles
Although Formosa Plastics' alpha and beta are two of the key measurements used to evaluate Formosa Plastics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.48 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.57 | |||
| Risk Adjusted Performance | (0.06) |
Formosa Stock Against Markets
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Formosa Plastics Corporate Management
Elected by the shareholders, the Formosa Plastics' board of directors comprises two types of representatives: Formosa Plastics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Formosa. The board's role is to monitor Formosa Plastics' management team and ensure that shareholders' interests are well served. Formosa Plastics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Formosa Plastics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tony Liang | VP | Profile | |
| WenYuan Wong | MD Director | Profile | |
| WenChiao Wang | MD Director | Profile | |
| Jerry Lin | Deputy General Manager | Profile | |
| JaingNan Lin | Chairman Pres | Profile | |
| ChiaTse Chang | Accounting VP | Profile | |
| Zhenxiao Lei | Financial Officer | Profile |
Additional Tools for Formosa Stock Analysis
When running Formosa Plastics' price analysis, check to measure Formosa Plastics' 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 Plastics is operating at the current time. Most of Formosa Plastics' value examination focuses on studying past and present price action to predict the probability of Formosa Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Plastics' price. Additionally, you may evaluate how the addition of Formosa Plastics to your portfolios can decrease your overall portfolio volatility.