Asia300

Hotai Motor Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 26, 2017
Prev close: 388.5
May 26, 2017
Market cap:
Market cap(USD):
212,190.61M
7,048.35M
Shares: 546.17M

Currency in TWD

Company profile

Market(Ticker): TAI(2207)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: --

Business summary

Hotai Motor Co., Ltd. is engaged in the manufacture and assembly of automobiles and industrial trucks. It also operates in the car rentals and used car business. The company offers automobile accessories, insurance, and loans. Its product brands include Toyota, Lexus, Hino trucks, and Toyota Industrial Equipment. The company was founded by Lei Ho Huang on September 1947 and is headquartered in Taipei, Taiwan.

Company background

Hotai Motor is the Taiwanese distributor for the Japanese auto giant Toyota Motor, selling Toyota vehicles, Lexus cars, and Hino Motors' trucks. It also sells used Toyota cars and runs an auto leasing service. Its affiliate Kuozui, a joint venture with Toyota, makes some Toyota models locally.

Hotai was founded as a trading company in 1947 by the Taiwanese tycoon Huang Lieh-ho, who also founded the food conglomerate Wei-Chuan. Hotai became a listed company in 1997.

Huang Lieh-ho's son, Huang Nan-kuang, is the company's current chairman. Huang Nan-kuang has a master's degree from Missouri State University and began his career at Wei-Chuan at its U.S. unit. He returned to Taiwan in 2009 to become Hotai's vice chairman, and was appointed chairman in 2010 following his father's death.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 172,545.89M
Gross profit 22,997.97M
Operating income 10,196.84M
Income before tax 12,079.91M
Net income 10,740.03M
EBITDA 18,508.42M
Diluted EPS 19.65
Dividends per share --
Total assets 178,916.57M
Total liabilities 128,337.48M
Total equity 43,106.24M
Operating cash flow 14,608.48M

Currency in TWD

Revenue 5,350.12M
Gross profit 713.09M
Operating income 316.17M
Income before tax 374.56M
Net income 333.01M
EBITDA 573.89M
Diluted EPS 0.60
Dividends per share --
Total assets 5,551.41M
Total liabilities 3,982.04M
Total equity 1,337.49M
Operating cash flow 452.96M

Currency in USD

Valuation measures

Dec 2016

PER 18.76
ROA 6.27%
ROE 26.04%
Operating margin 5.90%
Profit margin 6.22%

Key executive

  • General Manager & Managing Director: Chun Hsing Su
  • Head-Finance Department: Chien Chou Chen
  • Managing Director: I Chung Su
  • Managing Director: Shih An Su
  • Managing Director: Chih Cheng Huang

Share holders

  • Ho Yu Investment Co. Ltd.(8.8%)
  • Toyota Motor Corp.(8.1%)
  • Fong Gang Enterprise Co. Ltd.(6.8%)
  • Chin Yuan Shan Investment Co., Ltd.(6.6%)
  • Chin Shan Trading Co. Ltd.(4.4%)
  • Shen Jung Investment Co. Ltd.(3.1%)
  • Ming Yi Investment Co. Ltd.(2.8%)
  • The Vanguard Group, Inc.(2.4%)
  • Tzu Keng(2.4%)
  • LI YUNG JAN /HOTAI/(2.4%)

Address

  • Website: http://www.hotaimotor.com.tw
  • Address: 8-14th Floor, No. 121 Sung Chiang Road, Taipei, 10429, Taiwan
  • Phone: +886.2.2506.2121

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