ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Electronic Technology

AAC Technologies Holdings, Inc.

Business Summary

AAC Technologies Holdings, Inc. engages in the manufacture and distribution of miniaturized acoustic components. It operates through the following segments: Dynamic Components, Haptics and Radio Frequencies, Micro Electro-Mechanical System Components, and Other Products. The company was founded by Zheng Min Pan and Chun Yuan Wu in 1993 and is headquartered in Shenzhen, China.

Financial Highlights

Dec 2019 HKDUSD
Revenue20,278.68M2,588.15M
Gross Profit5,470.82M698.23M
Operating income2,803.95M357.86M
Income before tax2,894.23M369.38M
Net income2,519.98M321.62M
EBITDA5,270.34M672.65M
Diluted EPS2.080.26
Dividends Per Share0.400.05
Total Assets38,264.11M4,910.81M
Total liabilities16,373.28M2,101.34M
Total equity21,646.15M2,778.06M
Operating cash flow4,148.71M529.49M
Currency in HKDCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 14,479.66M 18,118.46M 24,351.54M 21,475.51M 20,278.68M
Gross Profit 5,888.74M 7,351.35M 9,841.38M 7,706.06M 5,470.82M
Operating income 4,095.22M 5,291.89M 7,012.00M 5,052.77M 2,803.95M
Income before tax 4,243.48M 5,423.24M 6,914.25M 5,105.35M 2,894.23M
Net income 3,832.30M 4,703.66M 6,139.70M 4,496.05M 2,519.98M
EBITDA 4,972.45M 6,416.06M 8,518.07M 7,125.32M 5,270.34M
Diluted EPS 3.12 3.83 5.01 3.68 2.08
Dividends Per Share 1.20 1.47 2.10 1.43 0.40
Total Assets 19,597.60M 27,062.34M 36,880.01M 34,061.51M 38,264.11M
Total liabilities 5,996.10M 11,114.42M 15,706.43M 12,335.57M 16,373.28M
Total equity 13,494.90M 15,829.70M 21,068.94M 21,591.63M 21,646.15M
Operating cash flow 4,629.05M 5,570.10M 5,968.98M 7,831.72M 4,148.71M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 1,867.72M 2,334.11M 3,124.87M 2,740.08M 2,588.15M
Gross Profit 759.58M 947.03M 1,262.87M 983.22M 698.23M
Operating income 528.24M 681.72M 899.80M 644.68M 357.86M
Income before tax 547.36M 698.65M 887.25M 651.39M 369.38M
Net income 494.32M 605.95M 787.86M 573.65M 321.62M
EBITDA 641.39M 826.55M 1,093.06M 909.12M 672.65M
Diluted EPS 0.40 0.49 0.64 0.46 0.26
Dividends Per Share 0.15 0.18 0.26 0.18 0.05
Total Assets 2,528.67M 3,490.49M 4,717.74M 4,350.49M 4,910.81M
Total liabilities 773.67M 1,433.53M 2,009.18M 1,575.55M 2,101.34M
Total equity 1,741.24M 2,041.71M 2,695.16M 2,757.78M 2,778.06M
Operating cash flow 597.09M 717.56M 765.95M 999.25M 529.49M

Valuation Measures

Dec 2019
PER32.65
ROA6.96%
ROE11.65%
Operating margin13.82%
Profit margin12.42%

Key executives

  • Chief Executive Officer & Executive Director: Zheng Min Pan
  • Chief Operating Officer: Jack Duan
  • Chief Innovation Officer: Kaitai Pan
  • Chief Strategy Officer: David Plekenpol
  • Secretary: Siu Tak Ho

Shareholders

  • WU CHUN YUAN /AAC/ (21.7%)
  • PAN ZHENG MIN (10.0%)
  • PAN ZHENG MIN BENJAMIN FAMILY (9.2%)
  • GIC Pte Ltd. (Investment Management) (4.8%)
  • The Vanguard Group, Inc. (1.6%)
  • BlackRock Fund Advisors (1.0%)
  • Lazard Asset Management LLC (0.8%)
  • Dimensional Fund Advisors LP (0.8%)
  • Norges Bank Investment Management (0.8%)
  • First State Investments (Hong Kong) Ltd. (0.6%)

Contact Details

  • Website:http://www.aactechnologies.com
  • Address: Block A Nanjing University Rsch Ctr, No. 6 YueXing 3rd Road, Shenzhen, 518057, China
  • Phone: +86.755.33972018

Related Companies

  • Changzhou Tairuimei Electroplating Technology Co., Ltd.
  • AAC Module Technologies (Changzhou) Co., Ltd.
  • AAC Technologies (Shuyang) Co., Ltd.
  • AAC Precision Electronics Shuyang Co., Ltd.
  • AAC Optronics Technologies (Suzhou) Co., Ltd.
  • AAC Raytech Module (Nanning) Technologies Co., Ltd.
  • AAC Microtech (Changzhou) Co., Ltd.
  • AAC Communication Technologies (Changzhou) Co., Ltd.
  • AAC Acoustic Technologies (Changzhou) Co., Ltd.
  • AAC (China) Investment Co., Ltd.
  • Ruitai (Jiangsu) Investment Co., Ltd.
  • AAC Technologies Vietnam Co., Ltd.
  • AAC Acoustic Technologies, Inc.
  • Shuyang Ruitai Technologies Co., Ltd.
  • AAC Kaitai (Shenzhen) Sci-Tech Development Co., Ltd.
  • AAC Technologies Pte Ltd.
  • AAC Optics Technology (Changzhou) Co., Ltd.
  • AAC Technologies Ltd.
  • AAC Technologies Holdings, Inc. (Hong Kong)
  • YEC Electronics Ltd.
  • American Audio Components (Changzhou) Co., Ltd.
  • AAC Acoustic Technologies (Shenzhen) Co., Ltd.
  • WiSpry, Inc.

Competitors

  • Knowles Corp.
Last Updated on 27 Oct, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more