Asia300

Eclat Textile Co., Ltd.

Taiwan

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Jul 21, 2017
Prev close: 370.5
Jul 21, 2017
Market cap:
Market cap(USD):
99,659.8M
3,276.67M
Shares: 268.98M

Currency in TWD

Company profile

Market(Ticker): TAI(1476)
Sector:
Industry:
Process Industries
Textiles
Full time employees: --

Business summary

Eclat Textile Co., Ltd. engages in the manufacture and sale of knitted fabrics and knitwear. Its products include active wear, performance wear, ready to wear, and seamless. The company was founded on November 28, 1977 and is headquartered in Taipei, Taiwan.

Company background

Eclat Textile is a Taiwanese apparel maker producing clothing and fibers for client companies.

Eclat was established in 1977 by Chen Hai-hung, the current chairman. Headquartered in New Taipei City, it went public locally in 2001 and has about 9,000 workers on its payroll. The company has plants in China, Vietnam and Cambodia.

In 1983, Eclat developed a flexible knit fabric and launched commercial production. It makes products for such big global names as Nike, Adidas, Lululemon Athletica and Under Armour. While its primary focus is clothing for jogging and yoga, Eclat is expanding its lineup to include apparel for golf, tennis, rugby and other sports.

Eclat is known for its ability to understand its clients' needs and promptly customize the products accordingly. It also has a reputation for developing high-quality fabrics. These strengths have enabled it to avoid being dragged into cost-cutting competition.

Supported by a rapidly expanding customer base, Eclat chalked up group sales of more than 10 billion New Taiwan dollars ($306 million) for the first time in 2011. By 2014, the figure had doubled to NT$20.8 billion.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 24,525.69M
Gross profit 6,827.08M
Operating income 4,600.86M
Income before tax 4,542.95M
Net income 3,659.51M
EBITDA 5,410.94M
Diluted EPS 13.66
Dividends per share 10.5
Total assets 19,908.06M
Total liabilities 4,811.86M
Total equity 15,096.2M
Operating cash flow 4,261.53M

Currency in TWD

Revenue 760.46M
Gross profit 211.68M
Operating income 142.65M
Income before tax 140.86M
Net income 113.47M
EBITDA 167.77M
Diluted EPS 0.42
Dividends per share 0.32
Total assets 617.70M
Total liabilities 149.30M
Total equity 468.40M
Operating cash flow 132.13M

Currency in USD

Valuation measures

Dec 2016

PER 24.68
ROA 19.47%
ROE 27.23%
Operating margin 18.75%
Profit margin 14.92%

Key executive

  • General Manager: Chun Chin Tsai
  • General Manager & Director: Kun Tang Chen
  • Director, Head-Finance & Head-Accounting: Jen Chieh Lo
  • Director: Feng Chen Wang
  • Deputy General Manager: Kuan Sheng Ho

Share holders

  • Yi Yuan Investment Co. Ltd. /Eclat Textile/(9.3%)
  • TSAI HSIEN CHIN(7.8%)
  • CHEN CHING FANG(3.4%)
  • HUNG CHEN HAI(3.2%)
  • WANG CHENG CHIN CHIH(3.0%)
  • WANG FENG CHEN(2.8%)
  • JPMorgan Asset Management (UK) Ltd.(2.7%)
  • The Vanguard Group, Inc.(2.4%)
  • Harding Loevner LP(2.2%)
  • WANG CHUNG WU(1.5%)

Address

  • Website: http://www.eclat.com.tw
  • Address: No. 28 Wuchuan Road, Wugu District, Taipei, 248 86, Taiwan
  • Phone: +886.2.2299.6000

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