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Electronic Technology

ASUSTek Computer, Inc.

Company Background

Asustek Computer, based in Taiwan, is one of the world's major PC makers, with total assets of over $11 billion. It manufactures not only PC components and notebook computers but also tablet PCs, servers and smartphones. As a leading electronic technology company in the industry, it has more than 11,000 employees worldwide.

 

Facing fierce competition in the PC market, the company has been strengthening its smartphone business, hoping to boost growth. Asus launched its ZenFone smartphone brand in 2014 and it became one of the region's best-selling smartphones. The company targets total smartphone shipments of 17 million units in 2015, double 2014's tally. Asus also plans to expand the "Internet of Things" and cloud computing sectors by entering the wearable device market with a new smartwatch brand.

 

Chairman Jonney Shih has led the company since 1993 and also served as CEO until 2008. He is known as the father of the netbook low-cost and lightweight PCs, which revolutionized the PC market in 2006. Asus became the world's top global notebook brand. Shih is the largest individual shareholder in Asus, with a 4% stake.

Business Summary

ASUSTek Computer, Inc. engages in the manufacture and sale of computer, communication, and consumer electronics. Its products include computers, mother boards, circuit boards and graphics cards, tablet computers, displays and projectors, gaming laptops, wearable devices, network routers, computer peripherals, and smartphones and handheld devices. The company was founded by Shih Chang Hsu in 1989 and is headquartered in Taipei, Taiwan.

Financial Highlights

Dec 2020 TWDUSD
Revenue412,764.89M14,018.39M
Gross Profit73,210.17M2,486.37M
Operating income24,957.06M847.59M
Income before tax32,472.74M1,102.84M
Net income23,973.65M814.19M
EBITDA28,343.19M962.59M
Diluted EPS35.351.20
Dividends Per Share260.88
Total Assets396,514.71M14,111.84M
Total liabilities181,873.16M6,472.81M
Total equity201,764.51M7,180.74M
Operating cash flow14,038.25M476.76M
Currency in TWDCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 466,802.70M 386,418.85M 354,187.66M 351,330.49M 412,764.89M
Gross Profit 65,184.62M 54,902.25M 52,014.27M 53,488.11M 73,210.17M
Operating income 18,751.95M 17,284.89M 16,975.63M 11,616.69M 24,957.06M
Income before tax 24,268.49M 23,696.82M 20,910.62M 19,264.65M 32,472.74M
Net income 19,202.73M 19,061.19M 16,304.83M 14,333.65M 23,973.65M
EBITDA 20,349.70M 18,932.33M 18,647.11M 14,180.19M 28,343.19M
Diluted EPS 25.60 20.79 5.68 16.25 35.35
Dividends Per Share 17 15 15 14 26
Total Assets 364,219.92M 344,891.16M 342,165.87M 352,004.11M 396,514.71M
Total liabilities 180,002.71M 166,216.86M 174,473.95M 168,717.31M 181,873.16M
Total equity 181,485.48M 175,144.18M 161,365.00M 176,860.04M 201,764.51M
Operating cash flow 50,268.76M 2,482.06M 2,076.08M 37,011.03M 14,038.25M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 14,474.14M 12,701.65M 11,745.77M 11,365.24M 14,018.39M
Gross Profit 2,021.17M 1,804.64M 1,724.92M 1,730.29M 2,486.37M
Operating income 581.44M 568.15M 562.95M 375.79M 847.59M
Income before tax 752.49M 778.91M 693.45M 623.19M 1,102.84M
Net income 595.41M 626.54M 540.71M 463.68M 814.19M
EBITDA 630.98M 622.30M 618.38M 458.71M 962.59M
Diluted EPS 0.79 0.68 0.18 0.52 1.20
Dividends Per Share 0.52 0.49 0.49 0.45 0.88
Total Assets 11,300.99M 11,589.67M 11,132.05M 11,742.47M 14,111.84M
Total liabilities 5,585.11M 5,585.52M 5,676.34M 5,628.22M 6,472.81M
Total equity 5,631.12M 5,885.51M 5,249.86M 5,899.85M 7,180.74M
Operating cash flow 1,558.68M 81.58M 68.84M 1,197.27M 476.76M

Valuation Measures

Dec 2020
PER7.00
ROA6.40%
ROE12.66%
Operating margin6.04%
Profit margin5.80%

Key executives

  • Co-Chief Executive Officer & Director: Shu Pin Hu
  • Co-Chief Executive Officer & Director: Hsien Yueh Hsu
  • Chief Operating Officer, Director & Deputy GM: Ming Chieh Hsieh
  • Chief Financial Officer: Chang Jung Wu
  • Vice President: Ssu Ping Yeh

Shareholders

  • SHIH CHUNG TANG (4.0%)
  • The Vanguard Group, Inc. (2.9%)
  • BlackRock Fund Advisors (2.8%)
  • Invesco Hong Kong Ltd. (2.1%)
  • Yuanta Securities Investment Trust Co., Ltd. (1.8%)
  • Norges Bank Investment Management (1.5%)
  • Invesco Asset Management Ltd. (1.0%)
  • Dimensional Fund Advisors LP (1.0%)
  • Robeco Institutional Asset Management BV (0.7%)
  • BlackRock Advisors (UK) Ltd. (0.6%)

Contact Details

  • Website:http://www.asus.com.tw
  • Address: No. 15 Lide Road, Peitou District, Taipei, 112, Taiwan
  • Phone: +886.2.2894.3447

Related Companies

  • PT Asus Technology Indonesia Jakarta
  • PT Asus Technology Indonesia Batam
  • ASUS Cloud Corp.
  • Asusalpha Computer, Inc.
  • A.S.K Service
  • Asus Global Pte Ltd.
  • Quantum Cloud International Pte Ltd.
  • ASUSTeK Computer, Inc. (Hong kong)
  • ASUS Turkiye
  • ASUS WebStorage Co. Ltd.
  • Hwa Cheng Venture Capital Co. Ltd.
  • Ming Shuo Electronics (Su Zhou) Co. Ltd.
  • Famous Star Investments Ltd.
  • ASUS Computer Benelux BV
  • Unimax Electronics, Inc.
  • Unimax Holdings Ltd.
  • Great Extend Investment Corp.
  • ASUS United Technology (Guangzhou) Co. Ltd.
  • ASUS Computer (Shanghai) Co. Ltd.
  • Starlink Electronics Corp.
  • Enertronix, Inc.
  • AzureWave (Cayman) Holding, Inc.
  • Hua-Min Investment Co., Ltd.
  • Shinewave International, Inc.
  • Greenasus Recycling Co., Ltd.
  • eCareme Technologies, Inc.
  • Axus Microsystems, Inc.
  • Pegatron International Investment Co., Ltd.
  • ASUS Technology, Inc.
  • ASUS SRL

Competitors

  • HP Inc.
  • GemTek Technology Co., Ltd.
  • Archos SA
  • NETGEAR, Inc.
  • D-Link Corporation
  • 2CRSI SA
Last Updated on 23 Sep, 2021

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