Formosa Petrochemical Corporation (TPE: 6505)

Formosa Petrochemical 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	8,571	37,907	36,510	64,472	42,966	31,678
Short-Term Investments	39,010	57,345	49,400	64,063	61,997	53,525
Trading Asset Securities	1,760	1,642	1,563	3,793	3,889	4,044
Cash & Short-Term Investments	49,341	96,894	87,473	132,328	108,851	89,247
Cash Growth	-42.91%	10.77%	-33.90%	21.57%	21.97%	2.80%
Accounts Receivable	48,773	49,169	55,309	51,149	35,708	47,548
Other Receivables	7,694	6,953	11,775	8,991	7,532	9,274
Receivables	60,610	60,264	71,184	62,328	47,050	61,324
Inventory	88,690	76,658	86,408	72,713	47,037	60,407
Prepaid Expenses	15,083	14,111	12,740	10,469	9,726	6,665
Other Current Assets	5,085	9,863	9,398	11,747	2,645	8,849
Total Current Assets	218,809	257,790	267,203	289,586	215,310	226,493
Property, Plant & Equipment	92,861	93,030	98,716	104,334	106,334	110,190
Long-Term Investments	56,354	48,148	39,245	49,651	43,161	44,453
Long-Term Accounts Receivable	118.19	1,989	2,340	2,429	2,798	3,251
Long-Term Deferred Tax Assets	3,859	3,664	3,818	3,061	3,571	4,346
Long-Term Deferred Charges	2,722	1,630	1,107	1,299	1,069	1,238
Other Long-Term Assets	9,189	9,911	9,351	8,397	8,681	8,062
Total Assets	383,912	416,162	421,781	458,757	380,923	398,032
Accounts Payable	9,704	17,962	19,606	26,675	10,691	13,383
Short-Term Debt	8,191	585.19	23,127	402.02	513.37	574.73
Current Portion of Long-Term Debt	10,250	5,650	3,350	-	-	3,200
Current Portion of Leases	1,125	1,147	1,154	1,115	1,006	1,041
Current Income Taxes Payable	53.55	2,582	3,348	11,074	945.39	3,491
Current Unearned Revenue	71.2	67.25	72.3	67.18	60.4	52.01
Other Current Liabilities	16,833	16,496	19,127	18,589	15,671	15,020
Total Current Liabilities	46,227	44,490	69,785	57,922	28,888	36,762
Long-Term Debt	14,995	22,200	25,850	29,200	29,200	14,700
Long-Term Leases	2,908	3,289	3,930	4,518	5,187	6,124
Long-Term Deferred Tax Liabilities	54.92	59.93	68.2	22.83	189.02	159.73
Other Long-Term Liabilities	245.13	264.22	219.85	236.73	179.83	1,364
Total Liabilities	69,065	74,943	104,496	96,990	68,296	64,030
Common Stock	95,260	95,260	95,260	95,260	95,260	95,260
Additional Paid-In Capital	31,422	31,422	31,421	31,421	31,419	31,400
Retained Earnings	170,249	184,550	173,047	194,467	151,066	171,225
Comprehensive Income & Other	12,843	25,102	12,761	36,268	30,357	32,339
Total Common Equity	309,774	336,334	312,488	357,414	308,101	330,223
Minority Interest	5,073	4,884	4,797	4,353	4,526	3,779
Shareholders' Equity	314,847	341,218	317,285	361,767	312,627	334,002
Total Liabilities & Equity	383,912	416,162	421,781	458,757	380,923	398,032
Total Debt	37,470	32,871	57,411	35,234	35,906	25,640
Net Cash (Debt)	11,871	64,022	30,062	97,094	72,945	63,607
Net Cash Growth	-76.96%	112.97%	-69.04%	33.11%	14.68%	-7.90%
Net Cash Per Share	1.25	6.72	3.16	10.19	7.66	6.68
Filing Date Shares Outstanding	9,526	9,526	9,526	9,526	9,526	9,526
Total Common Shares Outstanding	9,526	9,526	9,526	9,526	9,526	9,526
Working Capital	172,582	213,300	197,418	231,663	186,422	189,730
Book Value Per Share	32.52	35.31	32.80	37.52	32.34	34.67
Tangible Book Value	309,774	336,334	312,488	357,414	308,101	330,223
Tangible Book Value Per Share	32.52	35.31	32.80	37.52	32.34	34.67
Land	27,049	26,846	26,843	26,491	26,516	26,644
Buildings	48,022	46,613	45,275	44,897	44,883	44,758
Machinery	396,027	391,126	378,298	374,774	370,821	367,661
Construction In Progress	13,606	14,074	21,009	16,966	11,034	8,850
Leasehold Improvements	347.27	356.55	358.29	375.79	368.89	330.04

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