Asia300

LARGAN Precision Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jul 21, 2017
Prev close: 5,425
Jul 21, 2017
Market cap:
Market cap(USD):
727,711M
23,926M
Shares: 134.14M

Currency in TWD

Company profile

Market(Ticker): TAI(3008)
Sector:
Industry:
Electronic Technology
Electronic Components
Full time employees: --

Business summary

LARGAN Precision Co. Ltd. engages in the design and manufacture of plastic aspherical lens. Its products include various types of optical lens module, viewfinder modules, and optoelectronic components. The company was founded by Yao Ying Lin on April 17, 1987 and is headquartered in Taichung, Taiwan.

Company background

Founded in 1987 by Scott Lin, Largan Precision is the world's leading manufacturer of smartphone camera lenses, supplying components to Apple and major Chinese cellphone makers. The company was listed on the Taiwan Stock Exchange in 2002.

Based in the central Taiwanese city of Taichung, the company achieved its current success by devoting itself to developing plastic aspherical lenses at a time when most competitors were still using glass.

Like most major Taiwanese companies, Largan is a family business. Incumbent Chairman Lin En-chou is the founder's eldest son, and Chief Executive Adam Lin is En-chou's younger brother.

Adam Lin used to be a pediatrician before joining the family business in 2006. He became the chief executive in 2010. The Lin family maintains a low profile and Adam is known to be laconic when talking with investors.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 48,324.26M
Gross profit 32,262.99M
Operating income 27,913.95M
Income before tax 28,236.75M
Net income 22,733.02M
EBITDA 30,012.45M
Diluted EPS 167.82
Dividends per share --
Total assets 97,074.46M
Total liabilities 20,231.94M
Total equity 76,842.51M
Operating cash flow 23,998.06M

Currency in TWD

Revenue 1,498.38M
Gross profit 1,000.37M
Operating income 865.52M
Income before tax 875.53M
Net income 704.88M
EBITDA 930.59M
Diluted EPS 5.20
Dividends per share --
Total assets 3,012.02M
Total liabilities 627.75M
Total equity 2,384.26M
Operating cash flow 744.10M

Currency in USD

Valuation measures

Dec 2016

PER 22.36
ROA 25.11%
ROE 32.42%
Operating margin 57.76%
Profit margin 47.04%

Key executive

  • Vice Chairman & General Manager: En Ping Lin
  • Head-Finance & Accounting: Hsing Ju Tsao
  • Deputy General Manager: Yu Chih Huang

Share holders

  • CHEN SHIH CHING(5.0%)
  • CHIANG TSUI YING(4.9%)
  • LIN EN PING(4.4%)
  • LIN EN CHOU(3.0%)
  • KAO FANG CHEN(2.7%)
  • HSIEH MING YUAN(2.6%)
  • The Vanguard Group, Inc.(2.5%)
  • Fidelity Management & Research Co.(2.3%)
  • Cathay Life Insurance Co., Ltd. (Invt Port)(2.1%)
  • Swedbank Robur Fonder AB(1.9%)

Address

  • Website: http://www.largan.com.tw
  • Address: No. 11 Jingke Road, Nantun District, Taichung, 408 52, Taiwan
  • Phone: +886.4.3600.2345

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