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Formosa Plastics (TPE:1301) Gross-Profit-to-Asset % : 1.38% (As of Mar. 2024)


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What is Formosa Plastics Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Formosa Plastics's annualized Gross Profit for the quarter that ended in Mar. 2024 was NT$7,333 Mil. Formosa Plastics's average Total Assets over the quarter that ended in Mar. 2024 was NT$531,035 Mil. Therefore, Formosa Plastics's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 1.38%.


Formosa Plastics Gross-Profit-to-Asset % Historical Data

The historical data trend for Formosa Plastics's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Formosa Plastics Gross-Profit-to-Asset % Chart

Formosa Plastics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.43 5.95 14.89 8.07 1.89

Formosa Plastics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.68 0.71 2.81 1.34 1.38

Competitive Comparison of Formosa Plastics's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Formosa Plastics's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Formosa Plastics's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Plastics's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Formosa Plastics's Gross-Profit-to-Asset % falls into.



Formosa Plastics Gross-Profit-to-Asset % Calculation

Formosa Plastics's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=9826.458/( (511254.407+530738.356)/ 2 )
=9826.458/520996.3815
=1.89 %

Formosa Plastics's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=7332.94/( (530738.356+531331.472)/ 2 )
=7332.94/531034.914
=1.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Formosa Plastics Gross-Profit-to-Asset % Related Terms

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Formosa Plastics (TPE:1301) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.

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