Formosa Taffeta Co., Ltd.

Taiwan Stock Exchange 1434.TW

Formosa Taffeta Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2023: USD 178.08 M

Formosa Taffeta Co., Ltd. Cash and Short-Term Investments is USD 178.08 M for the year ending December 31, 2023, a -16.72% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.
  • Formosa Taffeta Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2022 was USD 213.83 M, a 17.99% change year over year.
  • Formosa Taffeta Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2021 was USD 181.22 M, a 12.76% change year over year.
  • Formosa Taffeta Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2020 was USD 160.71 M, a 2.64% change year over year.
  • Formosa Taffeta Co., Ltd. Cash and Short-Term Investments for the year ending December 31, 2019 was USD 156.57 M, a -36.54% change year over year.
Key data
Date Cash and Short-Term Investments Receivables Inventory Goodwill
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SV Wall Street
Taiwan Stock Exchange: 1434.TW

Formosa Taffeta Co., Ltd.

CEO Mr. Ming-Chang Lee
IPO Date Jan. 4, 2000
Location Taiwan
Headquarters No. 317, Shuliu Road
Employees 7,066
Sector Materials
Industries
Description

Formosa Taffeta Co., Ltd. operates in the textile industry in Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in researching, developing, warping, sizing, beaming, twisting, designing, weaving, dyeing, printing, and finishing fabrics and textured yarns. It provides polyamine, polyester, sports, functional, and medical fabrics; tire cord fabrics, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc.; cotton, blended, and MVS yarns; and nano far infrared ray, nano anion, germanium, fine diner, hollow section insulation, low-pilling, functional, comfort, eco-friendly, protective, and flame resistance fabrics, as well as protective fabrics of uniforms for military, police, and firefighter applications. The company also offers medical protective antibacterial, bullet proof, anti-puncture, carbon fiber fabrics, and PE plastic bags. In addition, it operates gasoline stations; and offers petroleum, as well as car washing services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was incorporated in 1973 and is headquartered in Douliu, Taiwan.

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StockViz Staff

February 4, 2025

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