formosa chemicals & fibre (1326:Taiwan)
formosa chemicals & fibre (1326) Snapshot
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Open
72.90
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Previous Close
72.60
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Day High
72.90
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Day Low
71.40
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52 Week High
08/15/12 - 83.50
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52 Week Low
11/15/12 - 58.70
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Market Cap
406.3B
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Average Volume 10 Days
4.4M
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EPS TTM
2.09
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Shares Outstanding
5.7B
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EX-Date
--
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P/E TM
34.2x
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Dividend
0.65
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Dividend Yield
5.60%
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Related News
formosa chemicals & fibre (1326) Related Businessweek News
No Related Businessweek News Foundformosa chemicals & fibre (1326) Details
Formosa Chemicals & Fiber Corporation engages in the production and sale of petrochemical products, nylon fibers, and rayon staple fibers in Taiwan. The company operates in seven divisions: First Chemical, Petrochemicals, Third Chemical, Plastics, Textile, Nylon, and Engineering & Construction. It offers various petrochemical products, including benzene, para-xylene, ortho-xylene, styrene monomer, phenol, acetone, purified terephthalic acid, and anhydrous sodium-sulfate; plastic products comprising polystyrene, acrylonitrile butadiene styrene (ABS) resin, polypropylene resin, polycarbonate (PC) resin, PC/ABS resin, SAN resin, ASA resin, and nylon-6 resin; and textile and fiber products consisting of rayon staple fiber, nylon fiber, yarn, and cloth products. The company is also involved in the manufacture and sale of rayon-grade wood pulp; production, dyeing, finishing, and sale of chemical fibers; sale of processed fibers; and manufacture and sale of machinery for chemical fibers, as well as industrial-grade chemical products and processed goods. In addition, it engages in contracting builders to develop industrial parks approved by the government agency; developing, leasing, and managing industrial parks under the commission of government agency; the generation and sale of electric power; water treatment; cable and machine installation; and the installation of instruments and panels. Formosa Chemicals & Fiber Corporation was founded in 1965 and is based in Taipei, Taiwan.
formosa chemicals & fibre (1326) Key Developments
Formosa Chemicals & Fibre Corporation closed its 300,000 mty styrene monomer production plant in central Taiwan following a fire on 12 August 2012. The plant, which is part of the company's Mailiao petrochemical complex in Yunlin County, was shutdown to conduct safety checks. The closure of the plant is expected to bring down Formosa Chemicals' revenue in August to some extent, according to Hong Fu-yuan. The company also said though the fire was put out within half an hour after it had started. The Mailiao complex in Taiwan has three styrene monomer plants with annual capacity of 1.2 mts combined.
Formosa Chemicals & Fibre Corporation, Annual General Meeting, Jun 15, 2012.
Formosa Chemicals & Fibre Corporation Presents at Macquarie Greater China Conference 2012, May-08-2012 . Venue: JW Marriott, Hong Kong.
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Industry Analysis
1326
Industry Average
| Valuation | 1326 | Industry Range |
| Price/Earnings | 35.7x |
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| Price/Sales | 1.1x |
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| Price/Book | 1.8x |
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| Price/Cash Flow | 35.8x |
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| TEV/Sales | 0.4x |
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To contact FORMOSA CHEMICALS & FIBRE, please visit www.fcfc.com.tw. Company data is provided by Capital IQ. Please use this form to report any data issues.
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