Formosa Taffeta (F.Y. 2024-25)
Executive Summary
Formosa Taffeta Co., Ltd. Is a leading textile manufacturing company in Taiwan. The company produces fabrics, yarns, tire cord fabrics, and carbon-fiber materials. The company also operates in gas stations. In 2025, the sales and profitability of the business were reduced because of factors such as inflation, tariffs, and market demand change. There is improvement in productivity and eco-friendliness of products at the firm. This company focuses on innovations, sustainability, and quality products. For the year 2026, the company plans to grow markets, build customer relationships, and enhance the production of technology and eco-friendly products.
Company Overview
Formosa Taffeta was established in 1973 in Taiwan. Is a leading textile manufacturing company in Taiwan. The company produces fabrics, yarns, tire cord fabrics, carbon-fiber materials. The company also operates in gas stations. The company’s products are used in sportswear, outdoor clothing, fashion wear, automobiles, etc. The company sells its products globally. This company is focused on innovation, sustainability, and high-quality products.
Industry overview
The textile industry plays an important role in making fabrics, clothing, industrial textiles, and materials used in many products. This industry changes its products based on customer demand, raw material prices, fashion trends, trade policies, and economic conditions. In recent years, there has been increasing demand for sustainable and eco-friendly products. Customers are looking for comfort, durability, and special functions. The company is focusing on innovation, sustainability, and high-quality products and advanced technology.
Financial Performance (NT$)
Particulars | 2025 | 2024 |
Sales revenue | 27,543,789 | 28,715,705 |
Operating costs | 24,462,984 | 25,643,868 |
Net operating margin | 3,080,805 | 3,071,837 |
Operating expenses | 2,339,094 | 2,411,256 |
Operating profit | 741,711 | 660,581 |
Non-operating income and expenses | 320,112 | 992,986 |
Profit before tax | 1,061,823 | 1,653,567 |
Income tax expense | 196,573 | 163,382 |
Profit for the year from continuing operations | 865,250 | 1,490,185 |
(Loss)profit from discontinued operations | - | - |
Profit for the year | 865,250 | 1,490,185 |
Source : Annual Report 2025 of Formosa Taffeta.
Key Financial Ratios
Particulars | 2025 | 2024 |
Current ratio | 2.74 | 2.56 |
Operating margin | 2.80% | 5.76% |
Net profit margin | 3.14% | 5.19% |
ROA | 1.58% | 2.85% |
ROE | 2.04% | 4.04% |
SWOT Analysis
Strengths 1.The company is a well-established textile company with many years. 2. The company produces fabrics, yarns, tire cord fabrics, carbon-fiber materials. 3.The company is focusing on research, innovation, and product quality. | Weaknesses 1.The company’s business performance is affected by raw material prices. 2.During 2025, the company’s profit and sales will decline. 3.The company faces high competition in the textile industry. |
Opportunities 1.The company’s demand is growing due to sustainable and eco-friendly products. 2.The company is increasing the use of advanced materials. 3.The company can have a chance of expanding its business globally. | Threats 1.There can be uncertainty in the market and inflation. 2.Change in exchange rate. 3.There can be a rise in energy and production costs. |
Conclusion
Formosa Taffeta Co., Ltd. Is a leading textile manufacturing company in Taiwan. This company has a strong global market. During 2025, the company’s sales and profit declined due to inflation, tariff policies, and changing in market demand. The company is focusing on quality products, innovation, eco-friendly products, and sustainability. The company has strong customer relationships. The company is well-positioned in the market. The company is improving its advanced textile products, which will lead this company to grow in future.