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Formosa Plastics Corporation Company Snapshot
Formosa Plastics Corporation operates in the Plastics materials and resins sector. In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Plastics with three other plastic manufacturers in Asia: Kingfa Sci&Tech Co Ltd of CHINA (2020 sales of 35.06 billion Chinese Renmimbi [US$5.47 billion] of which 58% was Modified Plastic), Kuraray Co Ltd of JAPAN (541.80 billion Japanese Yen [US$4.92 billion] of which 40% was Vinyl Acetate), and UBE Industries Ltd which is also based in JAPAN (667.89 billion Japanese Yen [US$6.06 billion] of which 44% was Construction Materials Business).

Sales Analysis. During the first quarter of 2021, sales at Formosa Plastics totalled 60.60 billion Taiwanese Dollars . This is an increase of 44.2% from the 42.02 billion Taiwanese Dollars in sales at the company during the first quarter of 2020. This was the biggest same quarter rise in sales at Formosa Plastics in the previous 34 quarters. Formosa Plastics reported sales of 185.81 billion Taiwanese Dollars (US$6.72 billion) for the year ending December of 2020. This represents a decrease of 10.6% versus 2019, when the company's sales were 207.85 billion Taiwanese Dollars . The sales level in 2020 was fairly close to the level five years ago: in 2015, Formosa Plastics had sales of 191.55 billion Taiwanese Dollars . Contributing to the drop in overall sales was the 33.7% decline in Chemical, from 27.97 billion Taiwanese Dollars to 18.54 billion Taiwanese Dollars . There were also decreases in sales in Plastic (down 13.4% to 62.59 billion Taiwanese Dollars ) and Polypropylene (down 8.0% to 33.95 billion Taiwanese Dollars ) and Tairylan (down 8.2% to 27.86 billion Taiwanese Dollars ) . However, these declines were partially offset by the increase in sales of Polyolefin (up 5.8% to 39.22 billion Taiwanese Dollars ) and Other Segment (up 11.8% to 3.65 billion Taiwanese Dollars ) .
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Formosa Plastics Corporation
  Stock Performance Chart for Formosa Plastics Corporation
  Stock Data: Recent Stock Performance:
  Current Price (6/11/2021): 103.50
(Figures in Taiwanese Dollars )
1 Week -2.4%   13 Weeks 8.4%  
4 Weeks -1.4%   52 Weeks 19.8%  
Formosa Plastics Corporation Key Data:
  Ticker: 1301 Country: Taiwan
  Exchanges: OTH Major Industry: Materials
    Sub Industry: Plastics Materials & Resins
  2020 Sales 185,813,405,000
(Year Ending Jan 2021).
Employees: 6,784
  Currency: Taiwanese Dollars Market Cap: 658,854,193,500
  Fiscal Yr Ends: December Shares Outstanding: 6,365,741,000
  Share Type: Gu Closely Held Shares: 2,130,127,000
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