Asia300

Delta Electronics, Inc.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
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Jun 23, 2017
Prev close: 169
Jun 23, 2017
Market cap:
Market cap(USD):
438,984.84M
14,441.24M
Shares: 2,597.54M

Currency in TWD

Company profile

Market(Ticker): TAI(2308)
Sector:
Industry:
Electronic Technology
Electronic Equipment/Instruments
Full time employees: --

Business summary

Delta Electronics, Inc. engages in the design, manufacture, sale, research and development of electronic control systems, industrial automation products, digital display products, communication products, consumer electronics products, energy-saving lighting application, and energy technology services. Its business segments include the following: Power and Components Business, Energy Management Business, and Smart Green Life Business. Power and Components business provides global power management, and cool plans and management. Energy Management Business includes energy automation plans for factories and buildings. Smart Green Life Business involves in the manufacture of network devices, conferencing and visual imaging system, LED lighting Plans, Medical Devices, Innergie Power Consumptions products, and Vivitek High Definition Projector. The company was founded by Bruce Cheng in 1971 and is headquartered in Taipei, Taiwan.

Company background

Delta Electronics is a major manufacturer of electronic components. Its operations are broken down into three segments: power electronics, energy management and a division the company calls smart green life. Delta has total assets of around $7 billion.

The company was established in 1971 by mainland-born billionaire Bruce Cheng, who is now honorary chairman. It started out as a supplier of TV components. The founder's son, Ping Cheng, leads the company as CEO.

The power electronics business -- Delta's cash cow -- mainly focuses on power supply systems and brushless DC fans for the consumer electronics, automotive and information technology sectors. The energy management business handles industrial automation, telecom power systems, automotive electronics, electric vehicle charging equipment and renewable energy technologies. The smart green life division covers Light-emitting diode lightning and health care devices.

In an effort to expand, Delta has been strengthening research and development. It invests 5% to 6% of the group's annual revenues in research and development and runs research bases in Taiwan, China, Thailand, Japan, the U.S. and Europe. The company employs more than 7,000 engineers worldwide.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 214,355.57M
Gross profit 57,662.61M
Operating income 20,825.67M
Income before tax 23,863.28M
Net income 18,797.79M
EBITDA 29,808.62M
Diluted EPS 7.17
Dividends per share 5
Total assets 235,114.67M
Total liabilities 106,105.80M
Total equity 124,114.42M
Operating cash flow 30,960.49M

Currency in TWD

Revenue 6,646.51M
Gross profit 1,787.94M
Operating income 645.74M
Income before tax 739.92M
Net income 582.86M
EBITDA 924.27M
Diluted EPS 0.22
Dividends per share 0.15
Total assets 7,295.12M
Total liabilities 3,292.24M
Total equity 3,851.01M
Operating cash flow 959.99M

Currency in USD

Valuation measures

Dec 2016

PER 22.03
ROA 8.14%
ROE 15.12%
Operating margin 9.71%
Profit margin 8.76%

Key executive

  • General Manager & Director: Chung Chieh Li
  • Head-Accounting & Finance: Shu Ling Wang
  • Vice Chairman & Manager: Tzu Hsing Ko
  • Director & Manager: Ping Cheng
  • Director & Deputy General Manager: Hsun Hai Chang

Share holders

  • Heung Tat International Ltd.(10.3%)
  • Ying Ta Co. Ltd.(8.4%)
  • CHENG BRUCE(5.6%)
  • Saudi Arabian Monetary Agency (Investment Management)(3.7%)
  • First State Investment Management (UK) Ltd.(2.7%)
  • The Vanguard Group, Inc.(2.7%)
  • Cathay Life Insurance Co., Ltd. (Invt Port)(2.6%)
  • GIC Pte Ltd. (Investment Management)(2.5%)
  • HSIEH YI YING(1.8%)
  • Government of Taiwan(1.6%)

Address

  • Website: http://www.delta.com.tw
  • Address: No. 186 Ruey Kuang Road, Neihu District, Taipei, 11491, Taiwan
  • Phone: +886.2.8797.2088

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