Formosa Plastics Corporation (TPE: 1301)

Formosa Plastics Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	14,300	6,147	17,110	13,715	14,145	18,166
Short-Term Investments	60,639	90,739	86,948	109,317	102,219	102,342
Trading Asset Securities	1,760	1,642	1,563	3,793	3,889	4,044
Cash & Short-Term Investments	76,699	98,528	105,621	126,826	120,253	124,552
Cash Growth	-24.28%	-6.72%	-16.72%	5.47%	-3.45%	-0.96%
Accounts Receivable	14,185	14,250	15,853	25,628	15,962	13,567
Other Receivables	2,858	3,170	3,183	1,425	943.51	1,010
Receivables	35,799	35,109	27,826	32,538	21,398	27,570
Inventory	25,154	21,440	22,412	24,526	16,681	18,269
Other Current Assets	5,058	4,561	4,961	5,372	7,304	5,225
Total Current Assets	142,709	159,638	160,820	189,262	165,636	175,617
Property, Plant & Equipment	121,381	114,760	108,940	98,477	87,933	86,691
Long-Term Investments	244,144	240,946	229,040	243,536	212,627	223,855
Other Intangible Assets	634.81	563.24	607.38	623.17	590.27	423.49
Long-Term Deferred Tax Assets	1,148	1,192	1,252	1,963	2,860	2,872
Other Long-Term Assets	11,659	13,639	10,595	9,818	9,635	7,629
Total Assets	521,677	530,738	511,254	543,679	479,280	497,088
Accounts Payable	7,089	11,631	11,774	15,971	13,115	11,063
Accrued Expenses	1,818	2,040	2,982	2,161	1,673	2,296
Short-Term Debt	64,948	69,516	45,539	20,153	32,354	56,622
Current Portion of Long-Term Debt	28,751	5,243	13,846	9,396	4,898	4,666
Current Portion of Leases	89.42	60.23	26.81	23.88	21.45	32.88
Current Unearned Revenue	672.79	1,310	2,003	-	-	-
Other Current Liabilities	16,368	13,302	19,692	26,838	16,193	14,604
Total Current Liabilities	119,736	103,102	95,863	74,541	68,255	89,283
Long-Term Debt	59,828	56,027	33,712	40,301	53,978	34,509
Long-Term Leases	1,833	1,295	607.62	123.73	121.92	19.32
Long-Term Deferred Tax Liabilities	19,487	19,209	19,370	19,164	17,704	17,028
Other Long-Term Liabilities	2,522	136.27	130.24	199.34	124.36	184.43
Total Liabilities	206,748	183,378	153,570	140,489	146,744	147,935
Common Stock	63,657	63,657	63,657	63,657	63,657	63,657
Additional Paid-In Capital	11,837	11,830	11,797	11,771	11,742	11,724
Retained Earnings	202,959	210,804	230,270	246,259	190,230	198,348
Comprehensive Income & Other	36,475	61,069	51,960	81,503	66,907	75,424
Shareholders' Equity	314,928	347,360	357,685	403,190	332,536	349,153
Total Liabilities & Equity	521,677	530,738	511,254	543,679	479,280	497,088
Total Debt	155,448	132,141	93,732	69,997	91,374	95,849
Net Cash (Debt)	-78,749	-33,613	11,889	56,829	28,879	28,703
Net Cash Growth	-	-	-79.08%	96.78%	0.61%	-19.53%
Net Cash Per Share	-12.37	-5.28	1.87	8.93	4.54	4.51
Filing Date Shares Outstanding	6,366	6,366	6,366	6,366	6,366	6,366
Total Common Shares Outstanding	6,366	6,366	6,366	6,366	6,366	6,366
Working Capital	22,973	56,537	64,957	114,721	97,381	86,333
Book Value Per Share	49.47	54.57	56.19	63.34	52.24	54.85
Tangible Book Value	314,294	346,797	357,077	402,567	331,946	348,730
Tangible Book Value Per Share	49.37	54.48	56.09	63.24	52.15	54.78
Land	13,423	13,351	13,592	12,626	12,086	12,085
Buildings	31,845	29,688	29,716	29,443	29,415	29,173
Machinery	227,258	216,947	211,346	205,794	203,388	197,727
Construction In Progress	39,645	39,313	34,257	23,993	10,781	9,235

Source: S&P Capital IQ. Standard template. Financial Sources.