Asia300

Yulon Motor Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 24, 2017
Prev close: 26.25
Jul 24, 2017
Market cap:
Market cap(USD):
41,289.14M
1,360.12M
Shares: 1,572.91M

Currency in TWD

Company profile

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

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 2016

  • Local currency
  • US Dollar
Revenue 112,166.84M
Gross profit 18,475.22M
Operating income 2,223.89M
Income before tax 2,443.83M
Net income 1,334.70M
EBITDA 9,808.62M
Diluted EPS 0.91
Dividends per share 0.5
Total assets 221,271.64M
Total liabilities 142,204.80M
Total equity 69,714.54M
Operating cash flow -5,896.78M

Currency in TWD

Revenue 3,477.95M
Gross profit 572.86M
Operating income 68.95M
Income before tax 75.77M
Net income 41.38M
EBITDA 304.13M
Diluted EPS 0.02
Dividends per share 0.01
Total assets 6,865.60M
Total liabilities 4,412.32M
Total equity 2,163.09M
Operating cash flow -182.84M

Currency in USD

Valuation measures

Dec 2016

PER 29.45
ROA 0.61%
ROE 1.89%
Operating margin 1.98%
Profit margin 1.18%

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(10.1%)
  • Nan Shan Life Insurance Co., Ltd.(4.3%)
  • The Vanguard Group, Inc.(1.8%)
  • Civil Servant's Retirement Fund(1.5%)
  • Fan Te Investment Co., Ltd.(1.5%)
  • Dimensional Fund Advisors LP(1.4%)
  • Mercuries Life Insurance Co., Ltd. (Investment Portfolio)(1.2%)
  • BlackRock Fund Advisors(1.1%)

Address

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

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.