Asia300

Pou Chen Corp.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 27, 2017
Prev close: 40.5
Mar 27, 2017
Market cap:
Market cap(USD):
119,344.89M
3,915.51M
Shares: 2,946.78M

Currency in TWD

Company profile

Market(Ticker): TAI(9904)
Sector:
Industry:
Consumer Non-Durables
Apparel/Footwear
Full time employees: 415,296

Business summary

Pou Chen Corp. engages in the manufacture and sale of footwear. It focuses on athletic and casual footwear. It also operates sportswear retail business and brand licensee business. The company was founded on September 4, 1969 and is headquartered in Taichung, Taiwan.

Company background

Pou Chen is a holding company that controls a massive contract shoemaking empire, servicing international brands including Nike, Adidas and Puma. It operates factories in China, Vietnam and Indonesia. The company also distributes major international casualwear brands in Taiwan and China.

The company was founded in 1969 by C.J. Tsai in the central Taiwanese farming county of Changhua. It started out making rubber shoes for export, and first became a contract manufacturer in 1979 when it made shoes for Adidas.

In recent years, Pou Chen has transformed itself into a holding company by transferring shoe production to the Hong Kong-listed subsidiary Yue Yuen Industrial (Holdings) in 2002 and the distribution business to its subsidiary Pou Sheng International Holdings in 2008.

Chief Executive Patty Tsai is the daughter of C.J. She obtained a bachelor's degree in economics with a concentration in finance from the Wharton School of the University of Pennsylvania in 2002, and joined the family business in the same year. She was appointed CEO in 2012.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 269,081.17M
Gross profit 61,450.73M
Operating income 12,346.38M
Income before tax 13,753.62M
Net income 9,531.35M
EBITDA 20,547.59M
Diluted EPS 3.14
Dividends per share 1.5
Total assets 280,623.91M
Total liabilities 125,820.25M
Total equity 69,270.11M
Operating cash flow 25,747.44M

Currency in TWD

Revenue 8,473.91M
Gross profit 1,935.20M
Operating income 388.81M
Income before tax 433.12M
Net income 300.16M
EBITDA 647.08M
Diluted EPS 0.09
Dividends per share 0.04
Total assets 8,543.36M
Total liabilities 3,830.49M
Total equity 2,108.87M
Operating cash flow 810.83M

Currency in USD

Valuation measures

Dec 2015

PER 13.30
ROA 3.44%
ROE 13.61%
Operating margin 4.58%
Profit margin 3.54%

Key executive

  • Chairman & General Manager-Administration: Lu Min Chan
  • President, GM & Director: Chin Chu Lu
  • Head-Finance & Deputy Spokesman: Ya Fen Chang
  • Executive Vice President: Pan Tsu Wu
  • President-Footwear Joint Venture Business: Sung Yen Kung

Share holders

  • TSAI CHI JUI(15.5%)
  • Chuan Mao Investment Co. Ltd.(5.5%)
  • Kai Tai Investment Co. Ltd.(4.5%)
  • Fubon Life Insurance Co., Ltd.(3.2%)
  • The Vanguard Group, Inc.(2.9%)
  • Seafarer Capital Partners LLC(1.8%)
  • GIC Pte Ltd. (Investment Management)(1.7%)
  • Somerset Capital Management LLP(1.7%)
  • BlackRock Fund Advisors(1.4%)
  • Norges Bank Investment Management(1.2%)

Address

  • Website: http://www.pouchen.com
  • Address: No. 600 Taiwan Boulevard Section 4, Xitun District, Taichung, 40764, Taiwan
  • Phone: +886.4.2461.5678

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