Far Eastern New Century Corporation

Taiwan Stock Exchange:1402.TW

Sector

🧪 Materials

Industries

🛢 Petrochemicals

🔬 Chemicals & Advanced Materials

🌲 Paper & Forest Products

⚗️ Plastics

Location

Taiwan

Market Cap

USD 6.19 B

Share Price

USD 1.16

Avg Daily Volume

11,506,472

Change (1 day)

1.68%

Change (1 year)

4.45%

Change (YTD)

20.10%

Far Eastern New Century Corporation Quick Ratio for the year ending December 31, 2024: 0.83

Far Eastern New Century Corporation Quick Ratio is 0.83 for the year ending December 31, 2024, a 5.69% change year over year. Quick ratio measures the short-term obligations coverage with liquid assets; higher ratio indicates strong liquidity position.

Far Eastern New Century Corporation Quick Ratio for the year ending December 31, 2023 was 0.79, a 15.74% change year over year.
Far Eastern New Century Corporation Quick Ratio for the year ending December 31, 2022 was 0.68, a -10.95% change year over year.
Far Eastern New Century Corporation Quick Ratio for the year ending December 31, 2021 was 0.77, a -8.19% change year over year.
Far Eastern New Century Corporation Quick Ratio for the year ending December 31, 2020 was 0.83, a 4.32% change year over year.

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Key data

Date	Quick Ratio	Current Ratio	Interest Coverage Ratio	Return on Capital Employed (ROCE)

Taiwan Stock Exchange: 1402.TW

Far Eastern New Century Corporation

CEO	Mr. Chien-Cheng Wang
IPO Date	Jan. 4, 2000
Location	Taiwan
Headquarters	Taipei Metro Tower
Employees	33,241
Sector	🧪 Materials
Industries Petrochemicals 🔬 Chemicals & Advanced Materials 🌲 Paper & Forest Products ⚗️ Plastics

Description

Far Eastern New Century Corporation manufactures and sells polyester materials, and semi-finished and finished textiles worldwide. It operates through Petrochemical Business, Chemical Fiber Business, Textile Business, Telecommunication Services Business, Real Estate Development, and Investment and Other segments. The company offers solid state polymers, such as resins, PET sheets and shrinkable films, and perform bottles; non-woven fibers; fiber filaments; cotton fabrics, and synthetic or blended fabrics and yarns; towels and bed sheets; spun, polyester textured, natural, and industrial yarns; sportswear, outerwear, children's wear, and shirts and loungewear; and yarn, silk, and cloth printing and dyeing services. It also develops, constructs, leases, and sells real estate properties; produces and sells petrochemical materials, chemical and staple fibers, polyester products, recycled PET, PTA, chips, filaments, and by-products; brews and sells beers; installs and replaces pipes and cables; and sells electronic materials and by-products, communications products, and office equipment. Further, it engages in electronic toll collection, digital payment, waste recycling and re-processing, transportation, hotel, market research and advertisement, intelligent control equipment and security monitoring product, machinery and lubricant wholesale, computer system research and design, goods and products import and export, and medical supplies production and wholesale businesses. The company was founded in 1942 and is based in Taipei, Taiwan.