Formosan Union Chemical Corp.

Taiwan Stock Exchange 1709.TW

Formosan Union Chemical Corp. Return on Capital Employed (ROCE) for the year ending December 31, 2023: 5.84%

Formosan Union Chemical Corp. Return on Capital Employed (ROCE) is 5.84% for the year ending December 31, 2023, a -58.97% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.
  • Formosan Union Chemical Corp. Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 14.25%, a 23.44% change year over year.
  • Formosan Union Chemical Corp. Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 11.54%, a 31.29% change year over year.
  • Formosan Union Chemical Corp. Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 8.79%, a 88.87% change year over year.
  • Formosan Union Chemical Corp. Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 4.65%, a -33.01% change year over year.
Key data
Date Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio Return on Common Equity
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SV Wall Street
Taiwan Stock Exchange: 1709.TW

Formosan Union Chemical Corp.

CEO Mr. Chun-Cheng Lin
IPO Date Jan. 4, 2000
Location Taiwan
Headquarters No. 206, Nanking East Road
Employees 427
Sector Industrials
Industries
Description

Formosan Union Chemical Corp. produces and sells chemical products in Taiwan. The company offers alkyl benzene, which is used as a raw material for detergents; nonyl phenol that is used as a basic raw material for surfactants rubbers and plastic anti-oxidant agents, etc., as well as specialty chemicals; and hydrogenated hydrocarbon resin, which is used as a raw material for the production of ethylene-vinyl acetate polymer EVA and thermal plastic rubber TPR series hot melt adhesives. It also provides FuSyn-22, a synthetic alkylate that is used as a primary base oil or blend stock for various synthetic automotive and industrial applications. In addition, the company manufacturing, rework, and buying/selling of hydrocarbon resin, polyester polyol, melamine resin, resin clay, urea resin, alkyd resin, acetate resin, butyric acid resin, aromatics solvent oil, alkyl benzene, and sulfonic acid; manufacturing and wholesale of petrochemical raw materials, synthetic resin, rubber and plastic, and other chemicals; manufactures sugar; manufactures and sells pesticides; and manufactures batteries and electronic components, as well as power generation, transmission, and distributing machines. Further, it engages in the selling/buying of electronic materials; thermal energy supply; wholesale of cleaning products, and electrical appliances and machines; machinery and equipment installation; buying/selling of machinery and equipment; distribution of liquefied petroleum gas; and provision of petrochemical engineering planning and design, and cylinder maintenance and inspection. The company was founded in 1973 and is headquartered in Taipei, Taiwan.

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StockViz Staff

February 5, 2025

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