Asia300

Yulon Motor Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 28.45
Mar 23, 2017
Market cap:
Market cap(USD):
44,749.57M
1,468.06M
Shares: 1,572.91M

Currency in TWD

Company profile

Market(Ticker): TAI(2201)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 1,136

Business summary

Yulon Motor Co., Ltd engages in the manufacture and sale of automobiles and components. Its products include Nissan commercial vehicles; UD trucks; Dongfeng trucks; Nissan, Infiniti, Luxgen, and Tobe passenger cars. The company was founded by Ching Ling Yen on September 10, 1953 and is headquartered in Miaoli, Taiwan.

Company background

Yulon is a major Taiwanese carmaker and distributor. It manufactures and markets Luxgen-brand vehicles, and operates dealerships for Nissan via a joint venture in Taiwan and China. It also distributes Mitsubishi vehicles through affiliate China Motor.

The company was founded by Shanghai-born entrepreneur Yen Tjing-ling in 1953 when Taiwan was trying to establish its own automotive industry after World War II. Yulon started out making car components. After Yen died in 1981, his wife, Vivian Wu Shun-wen, took over the company. She was considered one of Taiwan's most influential business leaders before she died in 2008.

Yulon was one of the first major Taiwanese companies to expand into China in the 1990s, setting up facilities in the southern province of Fujian at a time when Chinese President Xi Jinping, then a senior Communist Party official in the region, was aggressively wooing Taiwanese investment.

Current Chairman Kenneth Yen is the only son of Tjing-ling and Wu. He succeeded Wu as Yulon's chairman in 2007. He has a bachelor's degree in business administration from Rider University in the U.S.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 122,526.90M
Gross profit 17,284.62M
Operating income 279.95M
Income before tax 613.64M
Net income 3,352.07M
EBITDA 7,626.62M
Diluted EPS 2.29
Dividends per share 0.9
Total assets 212,002.09M
Total liabilities 130,795.43M
Total equity 71,477.92M
Operating cash flow 2,359.40M

Currency in TWD

Revenue 3,858.62M
Gross profit 544.32M
Operating income 8.81M
Income before tax 19.32M
Net income 105.56M
EBITDA 240.17M
Diluted EPS 0.07
Dividends per share 0.02
Total assets 6,454.22M
Total liabilities 3,981.95M
Total equity 2,176.08M
Operating cash flow 74.30M

Currency in USD

Valuation measures

Dec 2015

PER 13.18
ROA 1.61%
ROE 4.73%
Operating margin 0.22%
Profit margin 2.73%

Key executive

  • General Manager: Wen Yi Lo
  • President & Director: Chen Hsiang Yao
  • Manager-Deputy Section: Chih Hsiun Cheng

Share holders

  • China Motor Corp.(18.2%)
  • Tai Yuen Textile Co., Ltd.(18.1%)
  • YEN KAI TAI KENNETH(10.6%)
  • The Vanguard Group, Inc.(1.7%)
  • Dimensional Fund Advisors LP(1.4%)
  • Yen Ching Ling Industrial Development Foundation(1.0%)
  • BlackRock Fund Advisors(1.0%)
  • Norges Bank Investment Management(0.6%)
  • BlackRock Investment Management LLC(0.3%)
  • BlackRock Advisors (UK) Ltd.(0.3%)

Address

  • Website: http://www.yulon-motor.com.tw
  • Address: No. 39-1 Bogongkeng, Xihu Village, Miaoli, 36744, Taiwan
  • Phone: +886.37.871.801

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