Formosan Union Chemical Corp
Formosan Union Chemical Corp. produces and sells chemical products in Taiwan, China, Guatemala, the Philippines, Vietnam, the United States, and internationally. The company offers alkyl benzene, which is used as a raw material for detergents; nonyl phenol that is used as a raw material for surfactants rubbers and plastic anti-oxidant agents, etc., as well as dodecyl phenol for lubricating oils.;… Read more
Formosan Union Chemical Corp (1709) - Total Assets
Latest total assets as of September 2025: NT$11.95 Billion TWD
Based on the latest financial reports, Formosan Union Chemical Corp (1709) holds total assets worth NT$11.95 Billion TWD 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.
Formosan Union Chemical Corp - Total Assets Trend (2002–2024)
This chart illustrates how Formosan Union Chemical Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Formosan Union Chemical Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Formosan Union Chemical Corp's total assets of NT$11.95 Billion consist of 40.6% current assets and 59.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 3.5% |
| Accounts Receivable | NT$1.37 Billion | 10.7% |
| Inventory | NT$2.97 Billion | 23.2% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$5.87 Million | 0.1% |
| Goodwill | NT$91.90 Million | 0.7% |
Asset Composition Trend (2002–2024)
This chart illustrates how Formosan Union Chemical 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Formosan Union Chemical Corp's current assets represent 40.6% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2024, down from 15.4% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 23.2% of total assets.
Formosan Union Chemical Corp Competitors by Total Assets
Key competitors of Formosan Union Chemical Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395
|
China | CN¥1.99 Billion |
|
Engro Corporation Ltd
KAR:ENGRO
|
Pakistan | PKRs765.68 Billion |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
Pakistan | PKRs256.23 Billion |
|
North Huajin Chemical Industries Co Ltd
SHE:000059
|
China | CN¥24.47 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
China | CN¥212.80 Billion |
|
Zangge Holding Co Ltd
SHE:000408
|
China | CN¥16.36 Billion |
|
Sichuan Jinlu Group Co Ltd
SHE:000510
|
China | CN¥2.53 Billion |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
China | CN¥2.48 Billion |
Formosan Union Chemical Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Formosan Union Chemical Corp generates 0.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Formosan Union Chemical Corp generates $5.74 in net profit.
Formosan Union Chemical 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 | 2.94 | 2.30 | 1.66 |
| Quick Ratio | 1.19 | 1.00 | 0.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.33 Billion | NT$ 3.03 Billion | NT$ 1.87 Billion |
Formosan Union Chemical Corp - Advanced Valuation Insights
This section examines the relationship between Formosan Union Chemical 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 | 0.92 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | NT$12.78 Billion |
| Market Capitalization | $154.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Formosan Union Chemical Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Formosan Union Chemical Corp's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Formosan Union Chemical Corp (2002–2024)
The table below shows the annual total assets of Formosan Union Chemical Corp from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$12.78 Billion | +5.70% |
| 2023-12-31 | NT$12.09 Billion | -8.89% |
| 2022-12-31 | NT$13.27 Billion | +14.52% |
| 2021-12-31 | NT$11.59 Billion | +4.20% |
| 2020-12-31 | NT$11.12 Billion | -1.72% |
| 2019-12-31 | NT$11.31 Billion | +0.40% |
| 2018-12-31 | NT$11.27 Billion | +6.97% |
| 2017-12-31 | NT$10.54 Billion | +1.90% |
| 2016-12-31 | NT$10.34 Billion | +0.60% |
| 2015-12-31 | NT$10.28 Billion | +0.98% |
| 2014-12-31 | NT$10.18 Billion | +2.40% |
| 2013-12-31 | NT$9.94 Billion | +8.04% |
| 2012-12-31 | NT$9.20 Billion | +1.89% |
| 2011-12-31 | NT$9.03 Billion | +20.17% |
| 2010-12-31 | NT$7.51 Billion | +15.11% |
| 2009-12-31 | NT$6.53 Billion | -3.49% |
| 2008-12-31 | NT$6.76 Billion | +16.51% |
| 2007-12-31 | NT$5.81 Billion | +15.54% |
| 2006-12-31 | NT$5.02 Billion | +14.37% |
| 2005-12-31 | NT$4.39 Billion | +6.52% |
| 2004-12-31 | NT$4.12 Billion | +6.71% |
| 2003-12-31 | NT$3.87 Billion | -0.86% |
| 2002-12-31 | NT$3.90 Billion | -- |