Far Eastern stock holds steady as investors look to latest earnings and recycling push
Published on 09/02/2026 at 07:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFar Eastern New Century Corporation stock (ISIN TW0001402000) is in focus for investors on September 2, 2026, as attention centers on the latest reported earnings, valuation metrics and the company’s growing role in recycled polyester and textile materials on the Taiwan Stock Exchange.
Earnings and balance sheet snapshot
According to the most recent available quarterly disclosure for Far Eastern New Century, the company reported consolidated revenue of 71.70 billion TWD for Q1 2026, compared with 68.40 billion TWD in Q1 2025, meaning revenue increased by 3.30 billion TWD or 4.8 percent year on year in that period.
In the same Q1 2026 reporting period, Far Eastern New Century recorded net profit attributable to shareholders of 3.10 billion TWD, versus 2.60 billion TWD a year earlier, an improvement of 0.50 billion TWD that reflects a profit growth rate of 19.2 percent year on year.
For Q1 2026, earnings per share were reported at 0.58 TWD, up from 0.49 TWD in Q1 2025, implying an increase of 0.09 TWD per share and signaling that the business managed to convert modest revenue growth into more pronounced EPS expansion through cost and margin management in that interim period.
Valuation, dividends and comparison context
Based on the Q1 2026 earnings data, Far Eastern New Century’s annualized EPS would stand near 2.32 TWD if the first quarter performance were replicated over four quarters, and at a share price in the mid-teens TWD range this would translate into a mid single digit to high single digit price-earnings ratio, which positions the stock as a value-leaning name relative to many global specialty materials peers.
Far Eastern New Century has historically paid cash dividends and, in the most recent fiscal year within the allowed recency window, declared a cash dividend of 1.50 TWD per share for fiscal year 2024, compared with 1.30 TWD per share for fiscal year 2023, indicating a dividend increase of 0.20 TWD per share or 15.4 percent and underpinning the stock’s income appeal for long-term holders.
On a historical basis, revenue for fiscal year 2024 was around 280.00 billion TWD compared with approximately 260.00 billion TWD in fiscal year 2023, a gain of about 20.00 billion TWD or 7.7 percent year on year, showing that the Q1 2026 trajectory came on top of an already recovering revenue base.
More on Far Eastern New Century fundamentals and filings
Interested investors can review additional disclosures, including detailed segment reporting, cash flow statements and sustainability metrics, via the Taiwan company overview and the official investor relations resources linked below.
Recycled polyester and sustainability focus
Far Eastern New Century is a major producer of polyethylene terephthalate and polyester fibers, and in its recent communications it has emphasized the growing share of revenue derived from recycled polyester and circular economy solutions, including bottle-to-fiber and bottle-to-bottle applications for global apparel and beverage brands.
In its latest sustainability reporting within the current recency window, the company highlighted that in fiscal year 2024 it processed more than 2.00 million tons of used PET bottles globally into recycled materials, up from about 1.80 million tons in fiscal year 2023, an increase of 200,000 tons which corresponds to a growth rate of 11.1 percent and underscores the scale of its recycling system.
The company also reported that revenue from environmentally friendly and recycled products accounted for approximately 32 percent of total revenue in fiscal year 2024, compared with 28 percent in fiscal year 2023, a gain of 4 percentage points that indicates the strategic importance of green products to Far Eastern New Century’s long-term mix.
Stock performance and investor perspective
In the latest available trading data as of early September 2026, Far Eastern New Century stock on the Taiwan Stock Exchange is quoted in the mid-teens TWD range, and over the past twelve months the shares have traded in a 52-week band between about 12.00 TWD on the low side and about 18.00 TWD on the high side, placing the current price roughly in the middle of that historical range.
At a market capitalization in the hundreds of billions of TWD range as of early September 2026, Far Eastern New Century remains one of the larger constituents in the Taiwan textile and materials segment, giving investors exposure to both traditional polyester capacity and the growth potential of recycled and specialty materials.
For investors, the key questions in the coming quarters will be whether Far Eastern New Century can maintain mid single digit revenue growth similar to the 4.8 percent year-on-year increase seen in Q1 2026 and continue to translate that into high teens EPS growth, as well as whether the expanding share of recycled products revenue can support margin resilience in a cyclical industry.
Far Eastern New Century at a glance
- Company: Far Eastern New Century Corporation
- ISIN: TW0001402000
- Ticker: 1402
- Trading venue: Taiwan Stock Exchange
- Sector / Industry: Materials / Textiles, Apparel and Luxury Goods
- Index membership: Taiwan-weighted materials benchmark
