Formosa Plastics Corp Total Assets
Formosa Plastics Corp 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. Also see how much is Formosa Plastics Corp worth for the company's overall valuation and market capitalisation.
Total Assets of Formosa Plastics Corp (2000–2024)
Total assets of Formosa Plastics Corp from 2000 to 2024. This chart illustrates how Formosa Plastics Corp's total assets have evolved over time, based on quarterly financial data. See 1301 stock price for real-time trading data and today's change.
Formosa Plastics Corp - Asset Composition Analysis
Formosa Plastics Corp Total Assets Breakdown (December 2024)
Formosa Plastics Corp total assets breakdown as of 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. Explore Formosa Plastics Corp (1301) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥122.44 Billion |
|
Zhejiang Longsheng Group Co Ltd
SHG:600352
|
China | CN¥76.50 Billion |
|
Sichuan Tianqi Lithium Industries Inc
SHE:002466
|
China | CN¥73.96 Billion |
|
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
|
Germany | €16.13 Billion |
|
Jiangsu Pacific Quartz Co Ltd
SHG:603688
|
China | CN¥6.11 Billion |
|
Lily Group Co Ltd
SHG:603823
|
China | CN¥3.53 Billion |
|
Jiangsu Ruitai New Energy Materials Co. Ltd.
SHE:301238
|
China | CN¥9.46 Billion |
|
Fujian Kuncai Material Tech
SHG:603826
|
China | CN¥4.98 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 | 0.03 |
| Asset Growth Rate (YoY) | -6.4% |
| Total Assets | NT$496.83 Billion |
| Market Capitalization | $14.66 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Formosa Plastics Corp's assets below their book value (0.03x), 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