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Electronic Technology

Advantech

  • 207.00 TWD
  • +4.00
  • +1.97%
  • Taiwan
    Apr 25, 2018
  • Ticker
    TAI(2395)
  • Prev. close
    203.00
  • Market cap (TWD)
    141,548.34M
  • Market cap (USD)
    4,778.89M
  • Shares
    697.28M

Company Background

Advantech is a leading Taiwanese maker of industrial computers, with assets totaling about $10 billion. It provides clients with comprehensive system integration, hardware, software and consumer-focused design services, as well as global logistics support.

Its products range from motherboards to industrial automation devices to applied computers. Advantech employs over 7,000 people and has sales and marketing networks in around 20 countries.

The company has promoted group restructuring to improve efficiency. It merged with Advantech Investment and Management Service in 2009, and with Netstar Technology in 2014. It is seeking to diversify its revenue sources by entering the fields of smart cities and solutions related to the Internet of Things.

K.C. Liu, chairman and CEO, established Advantech in 1983. Before founding the company, he served as an R&D engineer and later as a sales engineer in the instrument department of Hewlett-Packard's Taiwan unit. Asustek Computer, a major Taiwanese PC maker, holds a stake of about 14% in the company.

Business Summary

Advantech Co., Ltd. engages in the provision of system integration solutions. Its products include industrial control and control products; industrial computer and workstations; embedded computer card; and ultra-thin liquid crystal display computer. The company was founded by Tienchung Chen, Chunsheng Ho, and Kochen Liu on September 7, 1981 and is headquartered in Taipei, Taiwan.

Financial Highlights

Dec 2017 TWDUSD
Revenue44,374.75M1,458.60M
Gross Profit16,718.77M549.54M
Operating income6,778.47M222.80M
Income before tax7,314.89M240.44M
Net income6,156.51M202.36M
EBITDA7,593.83M249.61M
Diluted EPS8.770.28
Dividends Per Share6.600.21
Total Assets40,703.76M1,367.80M
Total liabilities12,943.32M434.94M
Total equity27,581.07M926.83M
Operating cash flow5,953.00M195.67M
Currency in TWDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 30,660.03M 35,731.69M 38,000.58M 42,002.19M 44,374.75M
Gross Profit 12,219.86M 13,925.85M 14,816.64M 16,435.54M 16,718.77M
Operating income 4,668.15M 5,508.48M 5,928.50M 6,631.49M 6,778.47M
Income before tax 5,094.86M 5,954.84M 6,179.30M 7,031.80M 7,314.89M
Net income 4,106.39M 4,907.78M 5,104.34M 5,666.86M 6,156.51M
EBITDA 5,152.03M 6,103.40M 6,594.70M 7,451.58M 7,593.83M
Diluted EPS 5.95 7.06 7.31 8.09 8.77
Dividends Per Share 4.36 5.45 5.45 5.72 6.60
Total Assets 27,536.08M 31,543.82M 33,979.13M 38,538.95M 40,703.76M
Total liabilities 8,115.89M 9,005.75M 10,525.35M 13,152.05M 12,943.32M
Total equity 19,258.29M 22,351.06M 23,307.50M 25,213.58M 27,581.07M
Operating cash flow 5,116.12M 5,107.22M 5,945.45M 7,927.99M 5,953.00M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 1,032.97M 1,179.13M 1,196.71M 1,302.36M 1,458.60M
Gross Profit 411.70M 459.55M 466.60M 509.61M 549.54M
Operating income 157.27M 181.77M 186.70M 205.62M 222.80M
Income before tax 171.65M 196.50M 194.59M 218.03M 240.44M
Net income 138.34M 161.95M 160.74M 175.71M 202.36M
EBITDA 173.57M 201.41M 207.68M 231.05M 249.61M
Diluted EPS 0.20 0.23 0.23 0.25 0.28
Dividends Per Share 0.14 0.17 0.17 0.17 0.21
Total Assets 923.92M 998.15M 1,034.46M 1,195.78M 1,367.80M
Total liabilities 272.31M 284.97M 320.43M 408.08M 434.94M
Total equity 646.17M 707.26M 709.57M 782.32M 926.83M
Operating cash flow 172.36M 168.53M 187.23M 245.82M 195.67M

Valuation Measures

Dec 2017
PER23.81
ROA15.53%
ROE23.32%
Operating margin15.27%
Profit margin13.87%

Key executives

  • Chairman & Chief Executive Officer: Ko Chen Liu
  • General Manager: Chun Sheng Ho
  • Head-Finance & General Manager: Ching Hsi Chen
  • General Manager: Chia Hao Chang
  • General Manager: Shu Yan Tsai

Shareholders

  • ASUSTek Computer, Inc. (14.4%)
  • AIDC Investment Co. Ltd. (11.7%)
  • Ke Chen Investment Co. Ltd. (11.7%)
  • LIU KO CHEN (3.6%)
  • Yuan Wang Partners Fund Ltd. (3.3%)
  • Advantech Foundation (2.8%)
  • First State Investments (Hong Kong) Ltd. (2.8%)
  • Tran Fei Development Co. Ltd. (2.6%)
  • ZHUANG YONG SHUN (2.2%)
  • The Vanguard Group, Inc. (1.8%)

Contact Details

  • Website:http://www.advantech.tw
  • Address: Alley 20, Lane 26, No. 1 Rueiguang Road, Taipei, 114 66, Taiwan
  • Phone: +886.2.2792.7818

Related Companies

  • B+B Smartworx Ltd.
  • Advantech-GPEG
  • Advantech Automation Corp. (California)
  • LNC Technology Co., Ltd.
  • AdvanPOS Technology Co. Ltd.
  • Shanghai Advantech Intelligent Services Co., Ltd.
  • Advantech Poland Sp zoo
  • Advantech Co. Singapore Pte Ltd.
  • Advantech Hungary Ltd.
  • Advantech Brasil SA
  • HK Advantech Technology Co. Ltd.
  • Advantech Japan Co., Ltd.
  • Advantech Intelligent Services Co., Ltd.
  • Advantech Technology (China) Co., Ltd.
  • Advantech Investment Co., Ltd.
  • Advansus Corp.
  • BCM Embedded Computer, Inc.
  • Advantech-Innocore Ltd.
  • Advantech Corp. (Thailand) Co., Ltd.
  • Advantech Europe Holding BV
  • Advantech Europe BV
  • Advantech Europe B.V. Zweigniederlassung Deutschland
  • AdvanTech Corp.
  • Advantech Co. Malaysia Sdn. Bhd.
  • B+B SmartWorx, Inc.
  • Advantech Control (Malaysia) Sdn. Bhd.
  • Advantech Automation Corp.
  • Adventech Europe Holding BV
  • Yen Hsin Investment Co. Ltd.
  • Advantech Development Co. Ltd.

Competitors

  • Silicom Ltd.
  • RadiSys Corporation
  • Computer Direct Group Ltd
  • Matrix IT Ltd.
Last Updated on 25 Apr, 2018

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