ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Electronic Technology

Compal Electronics, Inc.

  • 20.15 TWD
  • 0.00
  • 0.00%
  • Taiwan
    Jun 24, 2019
  • Ticker
    TAI(2324)
  • Prev. close
    20.15
  • Market cap (TWD)
    88,804M
  • Market cap (USD)
    2,855.85M
  • Shares
    4,407.14M

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 2018 TWDUSD
Revenue967,706.41M32,091.64M
Gross Profit29,782.83M987.67M
Operating income9,261.74M307.14M
Income before tax10,992.21M364.53M
Net income8,913.36M295.59M
EBITDA14,202.41M470.98M
Diluted EPS2.010.06
Dividends Per Share1.200.03
Total Assets399,794.82M13,006.95M
Total liabilities286,632.97M9,325.34M
Total equity105,723.64M3,439.62M
Operating cash flow-11,326.28M-375.60M
Currency in TWDCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 845,700.75M 847,305.69M 766,810.03M 887,656.95M 967,706.41M
Gross Profit 31,169.26M 32,288.94M 31,867.08M 31,127.84M 29,782.83M
Operating income 11,674.54M 11,312.45M 11,063.64M 9,208.42M 9,261.74M
Income before tax 8,759.01M 11,424.93M 10,741.36M 7,507.71M 10,992.21M
Net income 7,034.08M 8,684.61M 8,130.89M 5,749.52M 8,913.36M
EBITDA 17,728.09M 17,237.06M 16,731.75M 14,393.10M 14,202.41M
Diluted EPS 1.61 1.97 1.84 1.31 2.01
Dividends Per Share 1.50 1.20 1.20 1.20 1.20
Total Assets 378,750.71M 327,925.57M 347,016.11M 363,356.42M 399,794.82M
Total liabilities 272,743.56M 218,327.45M 234,732.29M 254,708.44M 286,632.97M
Total equity 101,174.13M 103,775.79M 105,804.38M 101,895.58M 105,723.64M
Operating cash flow 33,898.54M 9,375.57M 1,348.69M -2,226.73M -11,326.28M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 27,907.95M 26,683.37M 23,776.46M 29,177.44M 32,091.64M
Gross Profit 1,028.57M 1,016.84M 988.10M 1,023.17M 987.67M
Operating income 385.25M 356.25M 343.05M 302.68M 307.14M
Income before tax 289.04M 359.79M 333.05M 246.77M 364.53M
Net income 232.12M 273.49M 252.11M 188.98M 295.59M
EBITDA 585.02M 542.82M 518.80M 473.10M 470.98M
Diluted EPS 0.05 0.06 0.05 0.04 0.06
Dividends Per Share 0.04 0.03 0.03 0.03 0.03
Total Assets 11,985.02M 9,983.42M 10,767.20M 12,210.17M 13,006.95M
Total liabilities 8,630.57M 6,646.80M 7,283.26M 8,559.18M 9,325.34M
Total equity 3,201.51M 3,159.36M 3,282.89M 3,424.08M 3,439.62M
Operating cash flow 1,118.64M 295.25M 41.81M -73.19M -375.60M

Valuation Measures

Dec 2018
PER8.52
ROA2.33%
ROE8.58%
Operating margin0.95%
Profit margin0.92%

Key executives

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

Shareholders

  • Kinpo Electronics, Inc. (3.4%)
  • The Vanguard Group, Inc. (3.3%)
  • BlackRock Fund Advisors (2.6%)
  • Dimensional Fund Advisors LP (2.4%)
  • Fidelity Management & Research Co. (1.6%)
  • Norges Bank Investment Management (1.4%)
  • Yuanta Securities Investment Trust Co., Ltd. (0.9%)
  • BlackRock Japan Co., Ltd. (0.8%)
  • CHEN JUI TSUNG (0.8%)
  • BlackRock Advisors (UK) Ltd. (0.6%)

Contact Details

  • Website:http://www.compal.com
  • Address: No. 581 & 582, Lane 1, Ruiguang Road, Neihu District, Taipei, 114 92, Taiwan
  • Phone: +886.2.87978588

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
  • LC Future Center Ltd.
  • 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.

Competitors

  • Universal Scientific Industrial (Shanghai) Co., Ltd. Class A
  • Aerospace Communications Holdings Co., Ltd. Class A
  • Sunrex Technology Corporation
Last Updated on 24 Jun, 2019

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.

Get Unlimited access

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 June 30th

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 the Nikkei Asian Review 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