1301.TW
Price:
$40
Market Cap:
$254.63B
Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. Its plastic products include PVC, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and compound rubber particles. The company also provides chemicals, such as liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol. In addition, it offers carbon fibers; proce...[Read more]
Industry
Chemicals - Specialty
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
1301.TW
According to Formosa Plastics Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.17. This represents a change of 8.37% compared to the average of 1.08 of the last 4 quarters.
The mean historical Current Ratio of Formosa Plastics Corporation over the last ten years is 2.05. The current 1.17 Current Ratio has changed 5.59% with respect to the historical average. Over the past ten years (40 quarters), 1301.TW's Current Ratio was at its highest in in the September 2021 quarter at 3.02. The Current Ratio was at its lowest in in the December 2024 quarter at 0.91.
Average
2.05
Median
2.19
Minimum
0.91
Maximum
2.58
Discovering the peaks and valleys of Formosa Plastics Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 23.37%
Maximum Annual Current Ratio = 2.58
Minimum Annual Increase = -41.38%
Minimum Annual Current Ratio = 0.91
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.91 | -41.38% |
| 2023 | 1.55 | -7.70% |
| 2022 | 1.68 | -33.93% |
| 2021 | 2.54 | 4.63% |
| 2020 | 2.43 | 23.37% |
| 2019 | 1.97 | -11.34% |
| 2018 | 2.22 | -14.16% |
| 2017 | 2.58 | 19.95% |
| 2016 | 2.15 | -13.75% |
| 2015 | 2.50 | -25.24% |
The current Current Ratio of Formosa Plastics Corporation (1301.TW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.38
5-year avg
1.82
10-year avg
2.05
Formosa Plastics Corporation’s Current Ratio is less than Formosa Chemicals & Fibre Corporation (1.29), greater than Nan Ya Plastics Corporation (1.16), less than China Steel Corporation (1.26), less than China Petrochemical Development Corporation (2.21), greater than Pontex Polyblend Co.,Ltd (1.09), less than USI Corporation (1.69), less than TCC Group Holdings Co Ltd. (1.90), greater than TacBright Optronics Corporation (0.81), less than Asia Polymer Corporation (2.55), greater than Pancolour Ink Co., Ltd. (0.77),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.29 | $188.92B | |
| 1.16 | $475.06B | |
| 1.26 | $287.31B | |
| 2.21 | $29.94B | |
| 1.09 | $2.24B | |
| 1.69 | $12.01B | |
| 1.90 | $168.60B | |
| 0.81 | $1.95B | |
| 2.55 | $7.90B | |
| 0.77 | $437.01M |
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