Company Formosa Taffeta Co., Ltd.

Equities

1434

TW0001434009

Textiles & Leather Goods

End-of-day quote Taiwan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
22.5 TWD +0.22% Intraday chart for Formosa Taffeta Co., Ltd. +2.04% -10.71%

Business Summary

Formosa Taffeta Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of textile products, as well as the operation of gas stations. The weaving business, dyeing business and works business are engaged in the provision of blended fabrics, staple fiber fabrics, long and short woven fabrics, polyamine and polyester fabrics, and various plain woven fabrics. The cords business and industrial materials business are engaged in the provision of polyamine and polyester tire cords, pure cotton yarns, blended yarns, functional yarns, special protective yarns and fabrics, medical care fabrics, bulletproof fabrics, carbon fiber fabrics, composite fabrics and plastic bags. The oil products business is engaged in the operation of gas stations to sell gasoline, diesel and kerosene products, and the provision of car wash services. The formosa technology business is engaged in the assembly, testing, module processing, research and development of various integrated circuits.

Number of employees: 7,218

Sales per Business

TWD in Million2022Weight2023Weight Delta
First Business Group
40.8 %
14,292 41.2 % 11,615 40.8 % -18.73%
Oil Division
39.5 %
11,681 33.6 % 11,256 39.5 % -3.64%
Cord Fabric Division
13.7 %
6,569 18.9 % 3,894 13.7 % -40.72%
Other
6.1 %
2,180 6.3 % 1,736 6.1 % -20.37%

Sales per region

TWD in Million2022Weight2023Weight Delta
Taiwan
76.5 %
25,986 74.8 % 21,797 76.5 % -16.12%
Asia
23.5 %
8,736 25.2 % 6,705 23.5 % -23.26%

Managers

Managers TitleAgeSince
Chief Executive Officer 72 20-06-18
Director of Finance/CFO - 13-06-30
President - 92-01-31
Chief Tech/Sci/R&D Officer - 18-01-31
Comptroller/Controller/Auditor - 18-11-01

Members of the board

Members of the board TitleAgeSince
Chairman - 92-09-16
President - 92-01-31
Director/Board Member - 05-06-16
Director/Board Member - 11-06-27
Director/Board Member - 98-03-30
Director/Board Member 61 21-10-14
Director/Board Member - 15-06-25
Chief Executive Officer 72 20-06-18
Director/Board Member - 20-06-18
Director/Board Member 72 21-10-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,684,665,000 729,238,637 ( 43.29 %) 2,193,000 ( 0.1302 %) 43.29 %

Shareholders

NameEquities%Valuation
630,022,431 37.40 % 437 M NT$
Chang Gung Medical Foundation
5.793 %
97,599,254 5.793 % 68 M NT$
Yu Yuang Textile Co., Ltd.
2.553 %
43,005,328 2.553 % 30 M NT$
37,952,856 2.253 % 26 M NT$
Foundation of Chang Gung University
2.204 %
37,130,116 2.204 % 26 M NT$
Foundation of Chang Gung University of Science & Technology
2.126 %
35,812,944 2.126 % 25 M NT$
Foundation of Ming Chi University of Technology
1.865 %
31,427,255 1.865 % 22 M NT$
Taiwan Life Insurance Co., Ltd. (Investment Portfolio)
1.586 %
26,722,000 1.586 % 19 M NT$
Asia Pacific Investment Co. Ltd.
1.433 %
24,134,415 1.433 % 17 M NT$
Government of Taiwan
0.9419 %
15,868,000 0.9419 % 11 M NT$

Holdings

NameEquities%Valuation
365,267,576 3.83% 793,229,679 $

Company contact information

Formosa Taffeta Co., Ltd.

No. 317 Shuliu Road Liuzhongli

640 60, Yunlin

+

http://www.ftc.com.tw
address Formosa Taffeta Co., Ltd.(1434)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
22.5 TWD
Average target price
27.5 TWD
Spread / Average Target
+22.22%
Consensus

Quarterly revenue - Rate of surprise

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