1. Taiwan Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Formosan Union Chemical Corp.

Formosan Union Chemical Corp.

TTWSE:1709
55.30
TWD
-0.70
(-1.25%)
1.98EPS
10.91P/E
10.47BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
26.71
26.13
22.33
20.01
19.34
19.86
17.82
17.78
19.28
22.12
19.77
21.6
18.89
19.55
Basic EPS, GAAP
0.7
0.44
1.5
1.98
1.39
0.77
0.44
1.16
1.99
2.27
0.88
1.54
1.23
2.01
Free Cash Flow per Basic Share
1.41
-0.02
3.03
1.26
1.04
-1.17
1.55
2.76
1.04
2.18
1.55
1.42
1.04
1.34
Dividend per Share
0.3
0.61
0.61
1.2
1.57
1.49
0.51
0.5
1.2
1.7
1.8
0.6
0.8
- -
Book Value per Share
14.63
14.62
15.45
16.14
15.86
14.99
14.44
15.05
15.98
17.34
16.74
19.02
18.76
18.86
Tangible Book Value per Share
14.41
14.4
15.23
15.93
15.65
14.78
14.24
14.84
15.78
17.15
16.54
18.81
18.55
18.66
Basic Weighted Avg Shares
424
424
424
428
454
493
494
477
477
478
477
477
477
476
Sales/Revenue/Turnover
11,322
11,075
9,462
8,574
8,788
9,785
8,797
8,482
9,199
10,571
9,432
10,304
9,009
9,307
Operating Margin (%)
3.2
1.9
8.33
12.17
9.73
5.03
3.44
8.33
13.23
9.72
4.59
6.04
6.98
13.57
Depreciation Expense
267
265
251
231
196
207
302
324
279
252
255
259
257
254
Net Income, GAAP
297
187
635
849
629
380
215
555
948
1,085
418
734
588
957
Effective Tax Rate (%)
25.09
20.45
16.97
18.81
19.33
25.51
30.13
24.36
9.01
19.42
16.9
17.48
20.72
19.96
Profit Margin (%)
2.62
1.69
6.72
9.9
7.16
3.88
2.45
6.54
10.3
10.26
4.43
7.12
6.53
10.29
Working Capital
3,543
3,403
3,383
3,473
2,764
1,919
1,501
1,874
2,383
2,878
2,521
3,156
3,625
4,188
LT Debt
588
914
1,083
941
644
392
557
491
271
487
717
927
777
691
Total Equity
6,486
6,528
6,936
7,489
7,798
7,485
7,255
7,485
7,898
8,550
8,255
9,340
9,213
9,252
Return on Invested Capital (%)
3.42
2
7.44
9.42
7.51
3.77
2.11
5.32
10.99
7.7
3.26
4.68
4.5
9.44
Return on Capital (%)
3.96
2.41
6.79
9.2
6.65
3.97
2.41
5.94
9.97
10.48
4.26
7.07
5.61
9.41
Return on Common Equity (%)
4.87
3.01
9.97
12.46
8.69
5.24
3.08
7.89
12.8
13.65
5.14
8.6
6.53
10.7

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
870
425
323
LT Borrowings
24
21
- -
LT Finance Leases
753
722
691
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
477
477
477
Market Capitalization
7,942
8,491
10,471

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,555
5,694
6,381
Cash, Cash Equivalents & STI
1,110
880
1,181
Accounts Receivable, Net
1,051
1,074
1,390
Inventories
3,015
2,991
3,307
Total Current Liabilities
1,931
2,189
2,192
Payables & Accruals
- -
- -
- -
ST Debt
870
425
323
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.03%
4.42%
-1.35%
Free Cash Flow
-46.81%
-3.25%
-26.91%
Net Income, GAAP
16.19%
15.89%
-19.78%
Sales/Revenue/Turnover
0.01%
1.86%
-12.57%
Total Cash Common Dividend
22.51%
30.84%
33.33%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,546
2,978
2,575
2,206
10,304
2025
2,622
2,194
2,143
2,050
9,009
2026
2,424
2,689
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.58
0.41
0.16
1.54
2025
0.4
0.13
0.34
0.37
1.23
2026
0.55
0.75
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.6
2025
- -
- -
- -
- -
0.8
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chun Cheng Lin
Full Time Employees
417
Sector
Process industries
Industry
Chemicals: specialty
Address
No. 206, Nanking East Road Taipei TP Taiwan
IPO Date
Jul 3, 1986
Website
fucc.com.tw
Similar Companies
Petkim Petrokimya Holding Anonim Sirketi (BIST:PETKM)
Albemarle Corporation (NYSE:ALB)
Linde plc (NASDAQ:LIN)
Gubre Fabrikalari T.A.S. (BIST:GUBRF)
IOL Chemicals & Pharmaceuticals Ltd. (NSE:IOLCP)
PI Industries Limited (NSE:PIIND)
Business
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the manufacture, processing, and trading of chemical products. Its core product portfolio includes alkyl benzene and its derivatives, nonyl phenol used as a raw material for surfactants and plastic antioxidants, and hydrogenated hydrocarbon resins utilized in ethylene-vinyl acetate polymer and thermal plastic rubber hot melt adhesives. The company also manufactures and markets hydrocarbon resins, polyester polyol, melamine resin, resin clay, urea resin, alkyd resin, acetate resin, butyric acid resin, aromatic solvent oil, and sulfonic acid. Additionally, it is involved in the production and wholesale of petrochemical raw materials, synthetic resins, rubber, plastics, pesticides, batteries, and electronic components. Beyond chemicals, Formosan Union Chemical provides services including petrochemical engineering planning and design, cylinder maintenance and inspection, thermal energy supply, and power generation, transmission, and power machine distribution. The company also participates in photovoltaic system operations, real estate trading, land development, warehouse lease services, and food and bakery trading businesses. Founded in 1973 and headquartered in Taipei, Taiwan, Formosan Union Chemical operates domestically and internationally, including markets in China, Vietnam, the Philippines, Guatemala, and the United States. Recent strategic initiatives focus on enhancing ethical contract clauses, insider trading prevention, and whistleblower protections across its operations, reinforcing compliance and corporate governance frameworks. The company continues to pursue growth through diversified product lines and expanded service offerings in petrochemical and related industries.