Asia300

Hotai Motor Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 27, 2017
Prev close: 357.5
Mar 27, 2017
Market cap:
Market cap(USD):
195,259.06M
6,406.13M
Shares: 546.17M

Currency in TWD

Company profile

Market(Ticker): TAI(2207)
Sector:
Industry:
Consumer Durables
Motor Vehicles
Full time employees: 567

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 2015

  • Local currency
  • US Dollar
Revenue 160,579.76M
Gross profit 21,170.06M
Operating income 9,113.67M
Income before tax 10,742.62M
Net income 9,776.59M
EBITDA 18,060.25M
Diluted EPS 17.89
Dividends per share 12
Total assets 165,192.52M
Total liabilities 119,415.56M
Total equity 39,364.13M
Operating cash flow 11,408.74M

Currency in TWD

Revenue 5,056.98M
Gross profit 666.68M
Operating income 287.00M
Income before tax 338.30M
Net income 307.88M
EBITDA 568.75M
Diluted EPS 0.56
Dividends per share 0.37
Total assets 5,029.15M
Total liabilities 3,635.50M
Total equity 1,198.40M
Operating cash flow 359.28M

Currency in USD

Valuation measures

Dec 2015

PER 21.22
ROA 6.21%
ROE 26.15%
Operating margin 5.67%
Profit margin 6.08%

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%)
  • Tzu Keng(2.4%)
  • LI YUNG JAN /HOTAI/(2.4%)
  • The Vanguard Group, Inc.(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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