Formosa Petrochemical Corp
TWSE:6505
Income Statement
Earnings Waterfall
Formosa Petrochemical Corp
Revenue
|
712.6B
TWD
|
Cost of Revenue
|
-685.6B
TWD
|
Gross Profit
|
27B
TWD
|
Operating Expenses
|
-11.6B
TWD
|
Operating Income
|
15.4B
TWD
|
Other Expenses
|
6.5B
TWD
|
Net Income
|
21.9B
TWD
|
Income Statement
Formosa Petrochemical Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
931 334
N/A
|
946 880
+2%
|
965 962
+2%
|
966 304
+0%
|
913 085
-6%
|
804 757
-12%
|
769 169
-4%
|
673 246
-12%
|
629 514
-6%
|
598 951
-5%
|
555 927
-7%
|
544 171
-2%
|
546 161
+0%
|
586 176
+7%
|
584 141
0%
|
609 148
+4%
|
624 108
+2%
|
641 698
+3%
|
695 109
+8%
|
742 770
+7%
|
767 550
+3%
|
754 590
-2%
|
728 386
-3%
|
687 278
-6%
|
646 023
-6%
|
614 438
-5%
|
528 244
-14%
|
462 183
-13%
|
415 282
-10%
|
408 050
-2%
|
473 093
+16%
|
543 147
+15%
|
620 062
+14%
|
675 314
+9%
|
769 627
+14%
|
834 686
+8%
|
848 048
+2%
|
847 139
0%
|
767 251
-9%
|
730 845
-5%
|
712 576
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(898 077)
|
(914 576)
|
(925 127)
|
(932 360)
|
(903 507)
|
(802 007)
|
(744 128)
|
(648 002)
|
(574 353)
|
(532 636)
|
(487 095)
|
(462 596)
|
(449 702)
|
(472 386)
|
(487 641)
|
(505 787)
|
(521 486)
|
(546 374)
|
(584 197)
|
(633 949)
|
(689 935)
|
(688 655)
|
(682 777)
|
(654 753)
|
(598 304)
|
(590 972)
|
(525 497)
|
(451 668)
|
(402 314)
|
(360 302)
|
(397 824)
|
(474 525)
|
(554 282)
|
(614 576)
|
(705 982)
|
(796 893)
|
(831 833)
|
(842 427)
|
(787 063)
|
(716 358)
|
(685 554)
|
|
Gross Profit |
33 255
N/A
|
32 303
-3%
|
40 835
+26%
|
33 945
-17%
|
9 578
-72%
|
2 749
-71%
|
25 040
+811%
|
25 243
+1%
|
55 160
+119%
|
66 315
+20%
|
68 832
+4%
|
81 575
+19%
|
96 459
+18%
|
113 790
+18%
|
96 500
-15%
|
103 361
+7%
|
102 622
-1%
|
95 324
-7%
|
110 912
+16%
|
108 821
-2%
|
77 616
-29%
|
65 935
-15%
|
45 609
-31%
|
32 525
-29%
|
47 719
+47%
|
23 465
-51%
|
2 747
-88%
|
10 516
+283%
|
12 968
+23%
|
47 748
+268%
|
75 269
+58%
|
68 622
-9%
|
65 780
-4%
|
60 738
-8%
|
63 645
+5%
|
37 793
-41%
|
16 216
-57%
|
4 712
-71%
|
(19 812)
N/A
|
14 486
N/A
|
27 023
+87%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9 803)
|
(9 827)
|
(9 962)
|
(10 045)
|
(9 752)
|
(9 567)
|
(9 647)
|
(9 559)
|
(9 678)
|
(9 727)
|
(9 738)
|
(10 015)
|
(10 250)
|
(10 484)
|
(10 555)
|
(10 792)
|
(10 965)
|
(11 070)
|
(11 343)
|
(11 391)
|
(11 146)
|
(10 991)
|
(10 909)
|
(10 747)
|
(10 933)
|
(10 876)
|
(10 581)
|
(10 504)
|
(10 199)
|
(10 189)
|
(10 245)
|
(10 554)
|
(10 602)
|
(10 757)
|
(11 075)
|
(10 774)
|
(10 795)
|
(10 924)
|
(10 934)
|
(11 465)
|
(11 618)
|
|
Selling, General & Administrative |
(9 645)
|
(9 671)
|
(9 763)
|
(9 836)
|
(9 577)
|
(9 397)
|
(9 433)
|
(9 341)
|
(9 505)
|
(9 544)
|
(9 547)
|
(9 816)
|
(10 050)
|
(10 284)
|
(10 452)
|
(10 578)
|
(10 746)
|
(10 846)
|
(11 046)
|
(11 123)
|
(10 844)
|
(10 690)
|
(10 635)
|
(10 497)
|
(10 709)
|
(10 647)
|
(10 313)
|
(10 243)
|
(9 964)
|
(9 953)
|
(9 994)
|
(10 289)
|
(10 292)
|
(10 391)
|
(10 707)
|
(10 370)
|
(10 389)
|
(10 506)
|
(10 510)
|
(11 051)
|
(11 213)
|
|
Research & Development |
(156)
|
(155)
|
(156)
|
(166)
|
(175)
|
(171)
|
(174)
|
(177)
|
(174)
|
(184)
|
(192)
|
(200)
|
(200)
|
(199)
|
(206)
|
(213)
|
(219)
|
(222)
|
(242)
|
(268)
|
(302)
|
(303)
|
(273)
|
(250)
|
(224)
|
(229)
|
(254)
|
(247)
|
(235)
|
(182)
|
(197)
|
(212)
|
(311)
|
(366)
|
(368)
|
(403)
|
(407)
|
(417)
|
(423)
|
(414)
|
(405)
|
|
Other Operating Expenses |
0
|
0
|
(43)
|
(43)
|
0
|
0
|
(40)
|
(41)
|
0
|
0
|
0
|
0
|
0
|
0
|
103
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(14)
|
0
|
(54)
|
(54)
|
(54)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
23 453
N/A
|
22 476
-4%
|
30 873
+37%
|
23 899
-23%
|
(174)
N/A
|
(6 818)
-3 820%
|
15 393
N/A
|
15 685
+2%
|
45 482
+190%
|
56 589
+24%
|
59 095
+4%
|
71 561
+21%
|
86 209
+20%
|
103 306
+20%
|
85 945
-17%
|
92 569
+8%
|
91 657
-1%
|
84 256
-8%
|
99 571
+18%
|
97 431
-2%
|
66 469
-32%
|
54 944
-17%
|
34 700
-37%
|
21 778
-37%
|
36 786
+69%
|
12 589
-66%
|
(7 834)
N/A
|
12
N/A
|
2 769
+23 717%
|
37 559
+1 257%
|
65 024
+73%
|
58 068
-11%
|
55 177
-5%
|
49 981
-9%
|
52 570
+5%
|
27 020
-49%
|
5 420
-80%
|
(6 212)
N/A
|
(30 745)
-395%
|
3 021
N/A
|
15 405
+410%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
5 007
|
5 270
|
2 947
|
5 893
|
6 708
|
4 131
|
5 298
|
7 768
|
5 382
|
5 637
|
5 787
|
2 360
|
3 342
|
425
|
1 061
|
1 446
|
1 375
|
4 108
|
6 326
|
7 154
|
6 226
|
7 063
|
5 246
|
7 300
|
6 253
|
6 370
|
5 296
|
3 031
|
3 900
|
4 044
|
3 989
|
3 414
|
3 259
|
2 940
|
5 040
|
8 978
|
8 741
|
8 913
|
10 209
|
6 700
|
6 931
|
|
Non-Reccuring Items |
(40)
|
(42)
|
0
|
0
|
(53)
|
(41)
|
0
|
0
|
(18)
|
21
|
21
|
21
|
48
|
105
|
0
|
105
|
92
|
(55)
|
0
|
(55)
|
(48)
|
(14)
|
(14)
|
(14)
|
(21)
|
(14)
|
0
|
0
|
(1)
|
26
|
26
|
26
|
27
|
4
|
4
|
4
|
(95)
|
(88)
|
(88)
|
(88)
|
(4)
|
|
Gain/Loss on Disposition of Assets |
(43)
|
(72)
|
(72)
|
(80)
|
(50)
|
(21)
|
(20)
|
(11)
|
0
|
(197)
|
(198)
|
(196)
|
(475)
|
(283)
|
(290)
|
(315)
|
(48)
|
(55)
|
(46)
|
(19)
|
(5)
|
6
|
36
|
39
|
45
|
45
|
15
|
9
|
(41)
|
4
|
16
|
(13)
|
(16)
|
(18)
|
(27)
|
429
|
583
|
581
|
573
|
146
|
(10)
|
|
Total Other Income |
2 641
|
2 381
|
1 905
|
2 103
|
2 669
|
2 708
|
2 629
|
2 324
|
1 866
|
1 885
|
1 591
|
1 678
|
1 555
|
1 752
|
2 073
|
1 811
|
3 018
|
2 767
|
2 738
|
3 009
|
1 904
|
1 970
|
1 900
|
1 879
|
1 836
|
1 822
|
1 925
|
1 917
|
2 038
|
1 964
|
2 023
|
2 078
|
2 038
|
2 324
|
2 290
|
2 300
|
2 320
|
2 042
|
2 325
|
2 331
|
2 372
|
|
Pre-Tax Income |
31 016
N/A
|
30 011
-3%
|
35 651
+19%
|
31 814
-11%
|
9 100
-71%
|
(41)
N/A
|
23 300
N/A
|
25 765
+11%
|
52 713
+105%
|
63 934
+21%
|
66 295
+4%
|
75 424
+14%
|
90 678
+20%
|
105 306
+16%
|
88 791
-16%
|
95 617
+8%
|
96 095
+0%
|
91 021
-5%
|
108 589
+19%
|
107 521
-1%
|
74 547
-31%
|
63 969
-14%
|
41 868
-35%
|
30 982
-26%
|
44 898
+45%
|
20 812
-54%
|
(598)
N/A
|
4 969
N/A
|
8 665
+74%
|
43 597
+403%
|
71 077
+63%
|
63 573
-11%
|
60 485
-5%
|
55 230
-9%
|
59 877
+8%
|
38 731
-35%
|
16 968
-56%
|
5 236
-69%
|
(17 727)
N/A
|
12 109
N/A
|
24 694
+104%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(4 156)
|
(3 956)
|
(3 705)
|
(3 012)
|
(30)
|
1 452
|
(3 674)
|
(3 984)
|
(5 406)
|
(7 302)
|
(8 521)
|
(9 929)
|
(14 910)
|
(17 368)
|
(14 631)
|
(15 882)
|
(15 919)
|
(15 161)
|
(19 568)
|
(20 062)
|
(14 476)
|
(12 982)
|
(8 092)
|
(5 478)
|
(8 150)
|
(3 285)
|
1 445
|
(737)
|
(1 293)
|
(8 329)
|
(13 550)
|
(11 577)
|
(11 121)
|
(10 108)
|
(11 425)
|
(6 843)
|
(2 569)
|
(53)
|
4 827
|
(1 572)
|
(2 818)
|
|
Income from Continuing Operations |
26 859
|
26 055
|
31 947
|
28 803
|
9 070
|
1 410
|
19 625
|
21 781
|
47 307
|
56 632
|
57 774
|
65 493
|
75 768
|
87 937
|
74 159
|
79 736
|
80 175
|
75 862
|
89 022
|
87 459
|
60 071
|
50 986
|
33 777
|
25 504
|
36 748
|
17 527
|
847
|
4 232
|
7 372
|
35 268
|
57 527
|
51 996
|
49 364
|
45 122
|
48 452
|
31 887
|
14 400
|
5 183
|
(12 900)
|
10 538
|
21 876
|
|
Income to Minority Interest |
(1)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(5)
|
(7)
|
(5)
|
(6)
|
(5)
|
(4)
|
(4)
|
(3)
|
(5)
|
(6)
|
(5)
|
(5)
|
7
|
16
|
19
|
29
|
38
|
47
|
50
|
52
|
50
|
72
|
57
|
56
|
58
|
29
|
38
|
35
|
31
|
24
|
22
|
17
|
13
|
12
|
13
|
|
Net Income (Common) |
26 859
N/A
|
26 053
-3%
|
31 945
+23%
|
28 801
-10%
|
9 066
-69%
|
1 407
-84%
|
19 621
+1 295%
|
21 775
+11%
|
47 302
+117%
|
56 626
+20%
|
57 769
+2%
|
65 489
+13%
|
75 764
+16%
|
87 934
+16%
|
74 154
-16%
|
79 730
+8%
|
80 170
+1%
|
75 856
-5%
|
89 028
+17%
|
87 474
-2%
|
60 090
-31%
|
51 015
-15%
|
33 814
-34%
|
25 551
-24%
|
36 798
+44%
|
17 579
-52%
|
896
-95%
|
4 304
+380%
|
7 430
+73%
|
35 324
+375%
|
57 585
+63%
|
52 025
-10%
|
49 401
-5%
|
45 157
-9%
|
48 483
+7%
|
31 912
-34%
|
14 422
-55%
|
5 200
-64%
|
(12 887)
N/A
|
10 550
N/A
|
21 889
+107%
|
|
EPS (Diluted) |
2.83
N/A
|
2.74
-3%
|
3.36
+23%
|
3.02
-10%
|
0.95
-69%
|
0.14
-85%
|
2.05
+1 364%
|
2.28
+11%
|
4.97
+118%
|
5.94
+20%
|
6.06
+2%
|
6.87
+13%
|
7.95
+16%
|
9.22
+16%
|
7.78
-16%
|
8.37
+8%
|
8.42
+1%
|
7.97
-5%
|
9.35
+17%
|
9.18
-2%
|
6.31
-31%
|
5.36
-15%
|
3.55
-34%
|
2.68
-25%
|
3.86
+44%
|
1.85
-52%
|
0.09
-95%
|
0.45
+400%
|
0.78
+73%
|
3.71
+376%
|
6.05
+63%
|
5.46
-10%
|
5.19
-5%
|
4.74
-9%
|
5.09
+7%
|
3.35
-34%
|
1.51
-55%
|
0.55
-64%
|
-1.35
N/A
|
1.11
N/A
|
2.3
+107%
|