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Electronic Technology

Compal Electronics, Inc.

  • 19.70 TWD
  • +0.15
  • +0.77%
  • Taiwan
    Apr 18, 2018
  • Ticker
    TAI(2324)
  • Prev. close
    19.55
  • Market cap (TWD)
    86,395.19M
  • Market cap (USD)
    2,942.91M
  • Shares
    4,419.19M

Company Background

Compal Electronics is a leading Taiwanese computer maker, with assets totaling over $11 billion. It manufactures notebooks, mobile devices and liquid crystal display products.

The company supplies PCs to such big-name clients as Dell and Lenovo Group. It has a business presence in mainland China, the U.S., Vietnam, Brazil, Poland and Mexico, and has more than 6,000 employees.

As part of Compal's efforts to expand, the company has been shifting away from its core PC business and venturing into the industrial computer and mobile device sectors. Compal reportedly helps produce Apple's iPads, as well as smartphones for such companies as HTC and Sony.

It has also tried to diversify into other fields through takeovers. In 2014, it acquired a minority stake in Taiwanese industrial and embedded PC-maker Avalue Technology to tap into the health care and connected-device sectors.

The company was established by the Hsu family in 1984. Chairman Rock Hsu also serves as chairman of more than 30 technology companies in Taiwan, including Kinpo Electronics, AcBel Polytech and Vibo Telecom.

Business Summary

Compal Electronics, Inc. engages in the research, development, design, production, and sale of computing, communications, and consumer products. Its products include notebook PCs, liquid-crystal display products, smart device, ultrabook pcs, 2-in-1 pcs, all-in-one pcs, tablet pcs, servers, auto electronics, smart home products, public displays, smart phones, smart accessory, and wearable devices. The company was founded by Chau Ing Hsu on June 1, 1984 and is headquartered in Taipei City, Taiwan.

Financial Highlights

Dec 2017 TWDUSD
Revenue887,656.95M29,177.44M
Gross Profit31,127.84M1,023.17M
Operating income9,208.42M302.68M
Income before tax7,507.71M246.77M
Net income5,749.52M188.98M
EBITDA14,393.10M473.10M
Diluted EPS1.310.04
Dividends Per Share----
Total Assets363,356.42M12,210.17M
Total liabilities254,708.44M8,559.18M
Total equity101,895.58M3,424.08M
Operating cash flow-2,226.73M-73.19M
Currency in TWDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 692,748.29M 845,700.75M 847,305.69M 766,810.03M 887,656.95M
Gross Profit 27,034.40M 31,169.26M 32,288.94M 31,867.08M 31,127.84M
Operating income 9,234.04M 11,674.54M 11,312.45M 11,063.64M 9,208.42M
Income before tax 5,468.08M 8,759.01M 11,424.93M 10,741.36M 7,507.71M
Net income 2,467.21M 7,034.08M 8,684.61M 8,130.89M 5,749.52M
EBITDA 14,789.77M 17,728.09M 17,237.06M 16,731.75M 14,393.10M
Diluted EPS 0.57 1.61 1.97 1.84 1.31
Dividends Per Share 0.99 1.50 1.20 1.20 --
Total Assets 336,102.81M 378,750.71M 327,925.57M 347,016.11M 363,356.42M
Total liabilities 236,140.54M 272,743.56M 218,327.45M 234,732.29M 254,708.44M
Total equity 94,873.14M 101,174.13M 103,775.79M 105,804.38M 101,895.58M
Operating cash flow 551.96M 33,898.54M 9,375.57M 1,348.69M -2,226.73M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 23,339.59M 27,907.95M 26,683.37M 23,776.46M 29,177.44M
Gross Profit 910.82M 1,028.57M 1,016.84M 988.10M 1,023.17M
Operating income 311.10M 385.25M 356.25M 343.05M 302.68M
Income before tax 184.22M 289.04M 359.79M 333.05M 246.77M
Net income 83.12M 232.12M 273.49M 252.11M 188.98M
EBITDA 498.28M 585.02M 542.82M 518.80M 473.10M
Diluted EPS 0.01 0.05 0.06 0.05 0.04
Dividends Per Share 0.03 0.04 0.03 0.03 --
Total Assets 11,277.29M 11,985.02M 9,983.42M 10,767.20M 12,210.17M
Total liabilities 7,923.24M 8,630.57M 6,646.80M 7,283.26M 8,559.18M
Total equity 3,183.28M 3,201.51M 3,159.36M 3,282.89M 3,424.08M
Operating cash flow 18.59M 1,118.64M 295.25M 41.81M -73.19M

Valuation Measures

Dec 2017
PER16.13
ROA1.61%
ROE5.53%
Operating margin1.03%
Profit margin0.64%

Key executives

  • President, Chief Executive Officer & Director: Jui-Tsung Chen
  • Chief Finance Officer & Vice President: Ching Hsiung Lue
  • Director & Executive Vice President: Chao-Cheng Chen
  • Director & Executive Vice President: Chung-Pin Wong
  • Deputy General Manager: Chih Chuan Chen

Shareholders

  • Kinpo Electronics, Inc. (3.4%)
  • The Vanguard Group, Inc. (3.2%)
  • Dimensional Fund Advisors LP (2.8%)
  • BlackRock Fund Advisors (2.4%)
  • Fidelity Management & Research Co. (1.6%)
  • HSIEH YUNG SHEN (1.4%)
  • Fubon Life Insurance Co., Ltd. (1.4%)
  • Shin Kong Life Insurance Co., Ltd. (1.4%)
  • Saudi Arabian Monetary Agency (Investment Management) (1.2%)
  • Grantham, Mayo, Van Otterloo & Co. LLC (1.2%)

Contact Details

  • Website:http://www.compal.com
  • Address: No. 581 & 581-1, Ruiguang Road, Neihu District, Taipei, 11492, Taiwan
  • Phone: +886.2.8797.8588

Related Companies

  • LCFC (Hefei) Electronics Technology Co., Ltd.
  • Compal Electronics Chengdu Co. Ltd.
  • Compal Electronics (Chongqing) Co., Ltd.
  • Compal Digital Communications Nanjing Co. Ltd.
  • Compal Electronics Europe Sp zoo
  • Henghao Technology Co. Ltd.
  • Zhaopal Investment Co. Ltd. /Chunghwa/
  • Compal Europe Poland Sp zoo
  • Auscom Engineering, Inc.
  • Compal Digital Electronics (Kunshan) Co. Ltd.
  • Compal Electronics (China) Co., Ltd.
  • Yongpal Investment Co. Ltd.
  • Hanhelt Communications (Nanjing) Co. Ltd.
  • Kaipal Investment Co. Ltd.
  • Compal (Vietnam) Co., Ltd.
  • Compal Information Research & Development (Nanjing) Co. Ltd.
  • Compal Electronics International Ltd.
  • Compal International Holding (HK) Ltd.
  • Motorola, Inc. /European Cable Modem Business Unit/
  • Raffles Nominees Pte Ltd.
  • Bizcom Electronics, Inc.
  • Arcadyan, Inc.
  • Hung Chin Investment Co. Ltd.
  • Hua Pao Communications Co. Ltd.
  • Ching Pao Technology Co. Ltd.
  • Hung Chi Investment Co. Ltd. /Compal/
  • Compal Electronics Holding Ltd.
  • Compal International Holding Ltd.
  • Just International Ltd.
  • Hong Ji Capital Co. Ltd.

Competitors

  • Universal Scientific Industrial (Shanghai) Co., Ltd. Class A
  • Aerospace Communications Holdings Co., Ltd. Class A
  • Sunrex Technology Corporation
Last Updated on 18 Apr, 2018

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