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Formosa Chemicals & Fibre Corporation Company Snapshot
Formosa Chemicals & Fibre Corporation operates in the Industrial organic chemicals sector. In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Chemicals & Fibre with three other chemical manufacturers in Asia: Rongsheng Petrochemical Co Ltd of CHINA (2019 sales of 82.21 billion Chinese Renmimbi [US$12.07 billion] of which 72% was Petrochemical production business), Hengyi Petrochemical Co Ltd of CHINA (79.62 billion Chinese Renmimbi [US$11.69 billion] of which 47% was Polyester), and China Petroleum Engineering Corp which is also based in CHINA (65.05 billion Chinese Renmimbi [US$9.55 billion] of which 44% was Oil and Gas Field Surface Engineering).

Sales Analysis. Formosa Chemicals & Fibre reported sales of 315.50 billion Taiwanese Dollars (US$10.82 billion) for the year ending December of 2019. This represents a decrease of 22.6% versus 2018, when the company's sales were 407.86 billion Taiwanese Dollars . Contributing to the drop in overall sales was the 54.3% decline in First Chemical Division, from 58.35 billion Taiwanese Dollars to 26.69 billion Taiwanese Dollars . There were also decreases in sales in Plastics Division (down 15.2% to 100.16 billion Taiwanese Dollars ) and Third Chemical Division and Taihuaxingye (down 11.0% to 62.91 billion Taiwanese Dollars ) and Other (down 10.2% to 57.00 billion Taiwanese Dollars ) and Second Chemical Division (down 31.9% to 41.71 billion Taiwanese Dollars ) and Fu Mao Co. (down 0.6% to 27.04 billion Taiwanese Dollars ) . However, these declines were partially offset by the increase in sales of Fu Ke Co. (up 0.9% to 8.87 billion Taiwanese Dollars ) .
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Formosa Chemicals & Fibre Corporation
  Stock Performance Chart for Formosa Chemicals & Fibre Corporation
  Stock Data: Recent Stock Performance:
  Current Price (9/18/2020): 69.70
(Figures in Taiwanese Dollars )
1 Week 1.3%   13 Weeks -0.4%  
4 Weeks -4.7%   52 Weeks -23.0%  
Formosa Chemicals & Fibre Corporation Key Data:
  Ticker: 1326 Country: Taiwan
  Exchanges: OTH Major Industry: Materials
    Sub Industry: Chemicals & Allied Products
  2019 Sales 315,499,063,000
(Year Ending Jan 2020).
Employees: 18,585
  Currency: Taiwanese Dollars Market Cap: 407,676,442,383
  Fiscal Yr Ends: December Shares Outstanding: 5,849,016,390
  Share Type: Gu Closely Held Shares: 2,502,198,000
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