Formosa Chemicals & Fibre Corp
Formosa Chemicals & Fibre Corporation produces and sells petrochemical products, nylon fibers, and rayon staple fibers in Taiwan and internationally. The company offers plastic products, including PS resin, ABS resin, PP resin, homopolymer PP, polycarbonate , PC/ABS alloy, PP composite materials, ASA resin, nylon resin; petrochemical, such as benzene, ortho-xylene, para-xylene, meta-xylene, styre… Read more
Formosa Chemicals & Fibre Corp (1326) - Net Assets
Latest net assets as of December 2025: NT$381.10 Billion TWD
Based on the latest financial reports, Formosa Chemicals & Fibre Corp (1326) has net assets worth NT$381.10 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$538.94 Billion) and total liabilities (NT$157.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$381.10 Billion |
| % of Total Assets | 70.71% |
| Annual Growth Rate | 6.1% |
| 5-Year Change | -14.16% |
| 10-Year Change | 0.38% |
| Growth Volatility | 15.05 |
Formosa Chemicals & Fibre Corp - Net Assets Trend (2002–2025)
This chart illustrates how Formosa Chemicals & Fibre Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Formosa Chemicals & Fibre Corp (2002–2025)
The table below shows the annual net assets of Formosa Chemicals & Fibre Corp from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$381.10 Billion | +24.75% |
| 2024-12-31 | NT$305.49 Billion | -20.38% |
| 2023-12-31 | NT$383.69 Billion | +2.77% |
| 2022-12-31 | NT$373.36 Billion | -15.91% |
| 2021-12-31 | NT$443.98 Billion | +12.27% |
| 2020-12-31 | NT$395.45 Billion | -3.38% |
| 2019-12-31 | NT$409.29 Billion | -5.55% |
| 2018-12-31 | NT$433.32 Billion | +3.54% |
| 2017-12-31 | NT$418.50 Billion | +10.24% |
| 2016-12-31 | NT$379.64 Billion | +13.98% |
| 2015-12-31 | NT$333.08 Billion | +2.84% |
| 2014-12-31 | NT$323.89 Billion | +3.57% |
| 2013-12-31 | NT$312.71 Billion | +14.46% |
| 2012-12-31 | NT$273.20 Billion | -7.57% |
| 2011-12-31 | NT$295.57 Billion | -8.17% |
| 2010-12-31 | NT$321.87 Billion | +17.35% |
| 2009-12-31 | NT$274.29 Billion | +27.64% |
| 2008-12-31 | NT$214.89 Billion | -19.78% |
| 2007-12-31 | NT$267.87 Billion | +27.26% |
| 2006-12-31 | NT$210.48 Billion | +29.45% |
| 2005-12-31 | NT$162.60 Billion | +17.50% |
| 2004-12-31 | NT$138.38 Billion | +27.57% |
| 2003-12-31 | NT$108.47 Billion | +11.02% |
| 2002-12-31 | NT$97.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Formosa Chemicals & Fibre Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 78.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$34.85 Billion | 10.08% |
| Common Stock | NT$58.61 Billion | 16.95% |
| Other Comprehensive Income | NT$249.63 Billion | 72.18% |
| Other Components | NT$2.77 Billion | 0.80% |
| Total Equity | NT$345.87 Billion | 100.00% |
Formosa Chemicals & Fibre Corp Competitors by Market Cap
The table below lists competitors of Formosa Chemicals & Fibre Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orla Mining Ltd
NYSE MKT:ORLA
|
$4.11 Billion |
|
Campbell Soup Co.
LSE:0HST
|
$4.11 Billion |
|
Lonza Group AG
PINK:LZAGY
|
$4.11 Billion |
|
ATGPF
PINK:ATGPF
|
$4.11 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
$4.10 Billion |
|
Duolingo Inc
NASDAQ:DUOL
|
$4.10 Billion |
|
Sinoma Science & Technology Co Ltd
SHE:002080
|
$4.09 Billion |
|
Itron Inc
NASDAQ:ITRI
|
$4.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Formosa Chemicals & Fibre Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 272,548,270,000 to 345,866,503,000, a change of 73,318,233,000 (26.9%).
- Net loss of 5,797,137,000 reduced equity.
- Dividend payments of 2,941,426,000 reduced retained earnings.
- Other comprehensive income increased equity by 228,354,098,000.
- Other factors decreased equity by 146,297,302,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-5.80 Billion | -1.68% |
| Dividends Paid | NT$2.94 Billion | -0.85% |
| Other Comprehensive Income | NT$228.35 Billion | +66.02% |
| Other Changes | NT$-146.30 Billion | -42.3% |
| Total Change | NT$- | 26.90% |
Book Value vs Market Value Analysis
This analysis compares Formosa Chemicals & Fibre Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.20x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$34.81 | NT$41.70 | x |
| 2007-12-31 | NT$44.42 | NT$41.70 | x |
| 2008-12-31 | NT$30.23 | NT$41.70 | x |
| 2009-12-31 | NT$39.44 | NT$41.70 | x |
| 2010-12-31 | NT$46.42 | NT$41.70 | x |
| 2011-12-31 | NT$42.39 | NT$41.70 | x |
| 2012-12-31 | NT$39.04 | NT$41.70 | x |
| 2013-12-31 | NT$45.75 | NT$41.70 | x |
| 2014-12-31 | NT$47.55 | NT$41.70 | x |
| 2015-12-31 | NT$48.41 | NT$41.70 | x |
| 2016-12-31 | NT$54.77 | NT$41.70 | x |
| 2017-12-31 | NT$61.31 | NT$41.70 | x |
| 2018-12-31 | NT$63.40 | NT$41.70 | x |
| 2019-12-31 | NT$61.12 | NT$41.70 | x |
| 2020-12-31 | NT$58.87 | NT$41.70 | x |
| 2021-12-31 | NT$66.84 | NT$41.70 | x |
| 2022-12-31 | NT$55.76 | NT$41.70 | x |
| 2023-12-31 | NT$58.00 | NT$41.70 | x |
| 2024-12-31 | NT$46.60 | NT$41.70 | x |
| 2025-12-31 | NT$59.13 | NT$41.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Formosa Chemicals & Fibre Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.02%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.56x
- Recent ROE (-1.68%) is below the historical average (10.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.23% | 12.65% | 0.47x | 1.89x | NT$1.20 Billion |
| 2003 | 16.31% | 16.65% | 0.57x | 1.72x | NT$6.85 Billion |
| 2004 | 29.82% | 28.23% | 0.67x | 1.58x | NT$27.42 Billion |
| 2005 | 25.37% | 23.17% | 0.61x | 1.79x | NT$24.14 Billion |
| 2006 | 15.92% | 15.83% | 0.59x | 1.70x | NT$12.08 Billion |
| 2007 | 18.32% | 18.33% | 0.62x | 1.62x | NT$21.66 Billion |
| 2008 | 3.44% | 2.10% | 0.71x | 2.30x | NT$-11.62 Billion |
| 2009 | 12.77% | 9.93% | 0.66x | 1.94x | NT$6.39 Billion |
| 2010 | 17.43% | 12.32% | 0.78x | 1.80x | NT$20.15 Billion |
| 2011 | 13.31% | 8.32% | 0.82x | 1.94x | NT$8.20 Billion |
| 2012 | 3.11% | 1.81% | 0.80x | 2.14x | NT$-15.72 Billion |
| 2013 | 9.30% | 5.81% | 0.81x | 1.97x | NT$-1.88 Billion |
| 2014 | 3.79% | 2.62% | 0.76x | 1.91x | NT$-17.26 Billion |
| 2015 | 9.75% | 8.37% | 0.64x | 1.81x | NT$-704.86 Million |
| 2016 | 13.70% | 13.73% | 0.59x | 1.70x | NT$11.83 Billion |
| 2017 | 15.21% | 15.18% | 0.63x | 1.60x | NT$18.64 Billion |
| 2018 | 13.19% | 11.96% | 0.69x | 1.60x | NT$11.79 Billion |
| 2019 | 8.33% | 9.41% | 0.57x | 1.54x | NT$-5.95 Billion |
| 2020 | 5.68% | 7.72% | 0.48x | 1.54x | NT$-14.89 Billion |
| 2021 | 9.81% | 10.49% | 0.61x | 1.53x | NT$-737.71 Million |
| 2022 | 2.26% | 1.94% | 0.68x | 1.70x | NT$-25.25 Billion |
| 2023 | 2.52% | 2.57% | 0.59x | 1.67x | NT$-25.38 Billion |
| 2024 | 0.14% | 0.11% | 0.71x | 1.80x | NT$-26.88 Billion |
| 2025 | -1.68% | -2.02% | 0.53x | 1.56x | NT$-40.38 Billion |
Industry Comparison
This section compares Formosa Chemicals & Fibre Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $11,805,521,667
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Formosa Chemicals & Fibre Corp (1326) | NT$381.10 Billion | 11.23% | 0.41x | $4.11 Billion |
| Taiwan Styrene Monomer Corp (1310) | $6.59 Billion | 10.54% | 0.81x | $136.89 Million |
| Grand Pacific Petrochemical Corp (1312) | $23.48 Billion | 14.00% | 0.19x | $358.21 Million |
| UPC Technology Corp (1313) | $30.05 Billion | -0.94% | 0.85x | $263.35 Million |
| Sesoda Corp (1708) | $3.17 Billion | 17.62% | 0.48x | $202.84 Million |
| Formosan Union Chemical Corp (1709) | $8.55 Billion | 12.69% | 0.55x | $146.66 Million |
| Oriental Union Chemical Corp (1710) | $14.39 Billion | 1.85% | 1.29x | $301.15 Million |
| Ho Tung Chemical Corp (1714) | $16.63 Billion | 4.35% | 0.44x | $202.24 Million |
| Sunko Ink Co Ltd (1721) | $2.33 Billion | -3.00% | 0.75x | $64.82 Million |
| Evermore Chemical Industry Co Ltd (1735) | $1.06 Billion | 0.00% | 0.75x | $24.85 Million |