Formosa Plastics Corp (1301) - Total Assets
Based on the latest financial reports, Formosa Plastics Corp (1301) holds total assets worth NT$489.42 Billion TWD (≈ $15.42 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Formosa Plastics Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Formosa Plastics Corp - Total Assets Trend (2000–2024)
This chart illustrates how Formosa Plastics Corp's total assets have evolved over time, based on quarterly financial data. For live market cap, price, and company overview, see market cap of Formosa Plastics Corp.
Formosa Plastics Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Formosa Plastics Corp's total assets of NT$489.42 Billion consist of 21.3% current assets and 78.7% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 3.7% |
| Accounts Receivable | NT$13.08 Billion | 2.6% |
| Inventory | NT$24.21 Billion | 4.9% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Formosa Plastics Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See what is Formosa Plastics Corp's book value for net asset value and shareholders' equity analysis.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Formosa Plastics Corp's current assets represent 21.3% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, up from 1.4% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 4.9% of total assets.
Formosa Plastics Corp Competitors by Total Assets
Key competitors of Formosa Plastics Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wanhua Chemical Group Co Ltd
SHG:600309
|
China | CN¥328.32 Billion |
|
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
|
Germany | €13.95 Billion |
|
Akzo Nobel NV
AS:AKZA
|
Netherlands | €13.95 Billion |
|
Guangdong Dowstone Technology Co Ltd
SHE:300409
|
China | CN¥13.93 Billion |
|
Dalian Bio-Chem Co Ltd
SHG:603360
|
China | CN¥3.66 Billion |
|
China Resources Chemical Innovative Materials Co. Ltd.
SHE:301090
|
China | CN¥8.50 Billion |
|
Hg Technologies Co Ltd
SHE:300847
|
China | CN¥1.62 Billion |
|
Xi'an Manareco New Materials Co.Ltd
SHG:688550
|
China | CN¥3.62 Billion |
Formosa Plastics Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.17 | 1.19 | 2.43 |
| Quick Ratio | 0.98 | 0.98 | 2.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$15.62 Billion | NT$22.97 Billion | NT$97.38 Billion |
Formosa Plastics Corp - Advanced Valuation Insights
This section examines the relationship between Formosa Plastics Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.88 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -6.4% |
| Total Assets | NT$496.83 Billion |
| Market Capitalization | $10.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Formosa Plastics Corp's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Formosa Plastics Corp's assets decreased by 6.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Formosa Plastics Corp (2000–2024)
The table below shows the annual total assets of Formosa Plastics Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$496.83 Billion ≈ $15.65 Billion |
-6.39% |
| 2023-12-31 | NT$530.74 Billion ≈ $16.72 Billion |
+3.81% |
| 2022-12-31 | NT$511.25 Billion ≈ $16.11 Billion |
-5.96% |
| 2021-12-31 | NT$543.68 Billion ≈ $17.13 Billion |
+13.44% |
| 2020-12-31 | NT$479.28 Billion ≈ $15.10 Billion |
-3.58% |
| 2019-12-31 | NT$497.09 Billion ≈ $15.66 Billion |
-0.88% |
| 2018-12-31 | NT$501.51 Billion ≈ $15.80 Billion |
+5.34% |
| 2017-12-31 | NT$476.07 Billion ≈ $15.00 Billion |
+4.48% |
| 2016-12-31 | NT$455.67 Billion ≈ $14.36 Billion |
+7.60% |
| 2015-12-31 | NT$423.50 Billion ≈ $13.34 Billion |
-1.76% |
| 2014-12-31 | NT$431.09 Billion ≈ $13.58 Billion |
+5.47% |
| 2013-12-31 | NT$408.75 Billion ≈ $12.88 Billion |
+13.53% |
| 2012-12-31 | NT$360.05 Billion ≈ $11.34 Billion |
+3.26% |
| 2011-12-31 | NT$348.67 Billion ≈ $10.99 Billion |
-1.87% |
| 2010-12-31 | NT$355.31 Billion ≈ $11.19 Billion |
+7.30% |
| 2009-12-31 | NT$331.15 Billion ≈ $10.43 Billion |
+12.48% |
| 2008-12-31 | NT$294.40 Billion ≈ $9.28 Billion |
-19.01% |
| 2007-12-31 | NT$363.50 Billion ≈ $11.45 Billion |
+18.96% |
| 2006-12-31 | NT$305.58 Billion ≈ $9.63 Billion |
+24.59% |
| 2005-12-31 | NT$245.26 Billion ≈ $7.73 Billion |
+9.96% |
| 2004-12-31 | NT$223.03 Billion ≈ $7.03 Billion |
+16.74% |
| 2003-12-31 | NT$191.05 Billion ≈ $6.02 Billion |
+6.45% |
| 2002-12-31 | NT$179.48 Billion ≈ $5.65 Billion |
+4.80% |
| 2001-12-31 | NT$171.27 Billion ≈ $5.40 Billion |
+0.99% |
| 2000-12-31 | NT$169.59 Billion ≈ $5.34 Billion |
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About Formosa Plastics Corp
Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. It operates through five segments: Plastic, Polyolefin, Polypropylene, Tairylan, and Chemical. The company's plastic products include polyvinyl chloride resin, high-density polyethylene resin, linear low-density polyethylene resin, … Read more