Formosa Petrochemical (Taiwan) Today
| 6505 Stock | TWD 43.95 0.40 0.92% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Formosa Petrochemical is selling for under 43.95 as of the 26th of November 2024; that is 0.92% increase since the beginning of the trading day. The stock's lowest day price was 43.8. Formosa Petrochemical has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Formosa Petrochemical Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Formosa Petrochemical Corporation engages in petrochemical and public utility businesses in Taiwan, the Philippines, Singapore, Malaysia, the Peoples Republic of China, Korea, and internationally. Formosa Petrochemical Corporation was founded in 1992 and is headquartered in Mailiao, Taiwan. The company has 9.53 B outstanding shares. More on Formosa Petrochemical 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 Petrochemical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Formosa Petrochemical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Baolang Chen |
| Business Concentration | Energy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors) |
Formosa Petrochemical Corp (6505) is traded on Taiwan Stock Exchange in Taiwan and employs 46 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 794.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Formosa Petrochemical's market, we take the total number of its shares issued and multiply it by Formosa Petrochemical'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 Petrochemical operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 9.53 B outstanding shares.
Formosa Petrochemical Corp has accumulated about 104.17 B in cash with 35.53 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.94.
Check Formosa Petrochemical Probability Of Bankruptcy
Ownership AllocationFormosa Petrochemical holds a total of 9.53 Billion outstanding shares. Formosa Petrochemical Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 87.55 percent of Formosa Petrochemical outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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 Petrochemical Risk Profiles
Although Formosa Petrochemical's alpha and beta are two of the key measurements used to evaluate Formosa Petrochemical's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.45 | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.81 | |||
| Risk Adjusted Performance | (0.16) |
Formosa Stock Against Markets
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Formosa Petrochemical Corporate Management
Elected by the shareholders, the Formosa Petrochemical's board of directors comprises two types of representatives: Formosa Petrochemical 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 Petrochemical's management team and ensure that shareholders' interests are well served. Formosa Petrochemical's 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 Petrochemical's outside directors are responsible for providing unbiased perspectives on the board's policies.
| ChihChing Lin | Chief Officer | Profile | |
| WenChiao Wang | MD Director | Profile | |
| TsungLin Chen | Accounting Officer | Profile | |
| ChienTang Tsai | Head of Finance | Profile |
Additional Tools for Formosa Stock Analysis
When running Formosa Petrochemical's price analysis, check to measure Formosa Petrochemical's 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 Petrochemical is operating at the current time. Most of Formosa Petrochemical's value examination focuses on studying past and present price action to predict the probability of Formosa Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Petrochemical's price. Additionally, you may evaluate how the addition of Formosa Petrochemical to your portfolios can decrease your overall portfolio volatility.