Feng Tay Enterprise Co., Ltd.


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Mar 23, 2017
Prev close: 124.5
Mar 23, 2017
Market cap:
Market cap(USD):
Shares: 667.94M

Currency in TWD

Company profile

Market(Ticker): TAI(9910)
Consumer Durables
Automotive Aftermarket
Full time employees: --

Business summary

Feng Tay Enterprise Co., Ltd. engages in the manufacture and sale of sports shoes. Its products include casual shoes; inline skates; skates; ski boots; bicycles shoes; golf, soccer, and ice hockey helmets and clubs; baseball bat; shoe parts; and footwear molds and tools. The company was founded by Chiuhsiung Wang on July 29, 1971 and is headquartered in Yunlin, Taiwan.

Company background

Feng Tay Enterprises is the second-largest shoemaker in Taiwan and produces mainly athletic shoes. Nike is its biggest customer, with nearly a sixth of the sports shoes sold globally by the U.S. company made by Feng Tay.

In a first among Taiwanese shoemakers, the company introduced a U.S.-style conveyor belt-based production system, drastically improving its productivity.

Feng Tay began making shoes for Nike in the second half of the 1970s. It launched overseas production in 1988, in line with Nike's global business strategy. The company set up a series of plants in China and other countries.

In 1992, Feng Tay and Nike jointly created a research and development center in Taiwan, the first facility of its kind in Asia for the U.S. shoe giant.

Feng Tay has been diversifying in recent years, branching out into nonathletic footwear -- including roller blades -- in 2001 and golf balls, soccer balls and ice hockey gear in 2006.

Feng Tay said in September 2015 it will spend 4.6 billion rupees ($76.3 million) over the next three to five years to expand its Indian plant producing Nike and other shoes.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 6,420.91M
Gross profit --
Operating income 6,420.91M
Income before tax 7,052.57M
Net income 5,034.04M
Diluted EPS --
Dividends per share 0
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in TWD

Revenue 199.09M
Gross profit --
Operating income 199.09M
Income before tax 218.67M
Net income 156.09M
Diluted EPS --
Dividends per share 0
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in USD

Valuation measures

Dec 2016

PER 15.98
ROA --
ROE --
Operating margin 100%
Profit margin 78.40%

Key executive

  • General Manager & Director: Chien Hung Wang
  • Head-Finance & Accounting: Li Chin Chen
  • Director & General Manager-First Business Division: Chao Chi Chen
  • Deputy General Manager-First Business Division: Po Ya Yu
  • Director & GM-Second Business Division: Chien Jung Wang

Share holders

  • WANG LIU MEI HUI(10.8%)
  • The Vanguard Group, Inc.(1.6%)
  • BlackRock Fund Advisors(0.9%)
  • Norges Bank Investment Management(0.4%)
  • Dimensional Fund Advisors LP(0.3%)
  • TOBAM SAS(0.3%)
  • BlackRock Advisors (UK) Ltd.(0.3%)
  • Quoniam Asset Management GmbH(0.1%)
  • BC Investment Management Corp.(0.1%)


  • Website:
  • Address: No. 52, Kegong 8th Road, Douliou, Yunlin, 640 64, Taiwan
  • Phone: +886.5.537.9100

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