Formosa Petrochemical Stock

Formosa Petrochemical ROA 2024

Formosa Petrochemical ROA

0.05

Ticker

6505.TW

ISIN

TW0006505001

WKN

A0BLRK

In 2024, Formosa Petrochemical's return on assets (ROA) was 0.05, a 53.83% increase from the 0.03 ROA in the previous year.

Formosa Petrochemical Aktienanalyse

What does Formosa Petrochemical do?

Formosa Petrochemical Corp is one of the largest petrochemical companies in Taiwan and is a leading company in the Taiwanese chemical industry. The company was founded in 1992 and is headquartered in Mailiao, Yunlin County. However, the company's history goes back even further, as it began with the founding of the Formosa Plastics Group in 1954. Many other companies operate under this umbrella, including Formosa Petrochemical Corp. The business model of Formosa Petrochemical Corp is focused on meeting the needs of customers in various sectors of the economy. The company produces and supplies a wide range of chemical products, including basic chemicals, plastics, rubber, resins, specialty chemicals, and petroleum refinery products. With an annual revenue of over $18 billion USD and more than 10,000 employees worldwide, the company aims to meet the needs of customers in 90 countries around the world. The various divisions of Formosa Petrochemical Corp are divided into six sectors: oilfield services, petroleum refining, petrochemicals, plastics, rubber, and specialty chemicals. Each of these sectors is specialized in the production of chemical products. The petroleum refining division produces and supplies a wide range of petrochemical products, including fuels, lubricants, and other additives used in products such as food, clothing, and cars. The petrochemical division produces various types of basic chemicals that are used as raw materials for the production of plastics, rubber, and specialty chemicals. In the plastics sector, the company produces a variety of products, including polyethylene, polypropylene, PVC, acrylonitrile-butadiene-styrene (ABS), and polycarbonate. These products are used in many different industries, from food packaging to electronics to household products. The rubber division of Formosa Petrochemical Corp produces various types of synthetic rubber used in tires, shoes, hoses, and other products. The specialty chemicals division produces a wide range of products used in many industries, including semiconductors, electronics, and agriculture. Formosa Petrochemical Corp is also a leading provider of oilfield service services, including exploration, production, operation, and maintenance. The company has subsidiaries that search for and exploit oil, gas, coal, and other resources in many regions of the world. Overall, Formosa Petrochemical Corp is an important company in the Taiwanese chemical industry, serving customers in many industries worldwide. The company specializes in the production of chemical products in various sectors and aims to provide innovative and sustainable solutions for its customers. Formosa Petrochemical ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Formosa Petrochemical's Return on Assets (ROA)

Formosa Petrochemical's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Formosa Petrochemical's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Formosa Petrochemical's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Formosa Petrochemical’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Formosa Petrochemical stock

What is the Return on Assets (ROA) of Formosa Petrochemical this year?

The Return on Assets (ROA) of Formosa Petrochemical is 0.05 undefined this year.

What was the ROA of Formosa Petrochemical compared to the previous year?

The ROA of Formosa Petrochemical has increased by 53.83% compared to the previous year.

What consequences do high ROA have for investors of Formosa Petrochemical?

A high ROA is advantageous for investors of Formosa Petrochemical, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Formosa Petrochemical?

A low ROA can be unfavorable for investors of Formosa Petrochemical as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Formosa Petrochemical affect the company?

An increase in ROA of Formosa Petrochemical can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Formosa Petrochemical impact the company?

A reduction in the ROA of Formosa Petrochemical can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Formosa Petrochemical?

Some factors that can influence the ROA of Formosa Petrochemical include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Formosa Petrochemical important for investors?

The ROA of Formosa Petrochemical is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Formosa Petrochemical take to improve ROA?

To improve ROA, Formosa Petrochemical can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Formosa Petrochemical pay?

Over the past 12 months, Formosa Petrochemical paid a dividend of 1.1 TWD . This corresponds to a dividend yield of about 1.68 %. For the coming 12 months, Formosa Petrochemical is expected to pay a dividend of 1.05 TWD.

What is the dividend yield of Formosa Petrochemical?

The current dividend yield of Formosa Petrochemical is 1.68 %.

When does Formosa Petrochemical pay dividends?

Formosa Petrochemical pays a quarterly dividend. This is distributed in the months of August, July, July, August.

How secure is the dividend of Formosa Petrochemical?

Formosa Petrochemical paid dividends every year for the past 23 years.

What is the dividend of Formosa Petrochemical?

For the upcoming 12 months, dividends amounting to 1.05 TWD are expected. This corresponds to a dividend yield of 1.6 %.

In which sector is Formosa Petrochemical located?

Formosa Petrochemical is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Formosa Petrochemical kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Formosa Petrochemical from 8/7/2024 amounting to 2 TWD, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Formosa Petrochemical pay the last dividend?

The last dividend was paid out on 8/7/2024.

What was the dividend of Formosa Petrochemical in the year 2023?

In the year 2023, Formosa Petrochemical distributed 3.8 TWD as dividends.

In which currency does Formosa Petrochemical pay out the dividend?

The dividends of Formosa Petrochemical are distributed in TWD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Formosa Petrochemical

Our stock analysis for Formosa Petrochemical Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Formosa Petrochemical Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.