Eclat Textile Co. Ltd.
- 408.50 TWD
- -15.00
- -3.54%
Taiwan
May 21, 2019Ticker
TAI(1476)Prev. close
423.50Market cap (TWD)
116,194.46MMarket cap (USD)
3,693.57MShares
274.36M
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- Asian companies see 'made in USA' opportunities Dec 15, 2016 See more articles on Eclat Textile Co. Ltd.
Company Background
Eclat Textile is a Taiwanese apparel maker producing clothing and fibers for client companies.
Eclat was established in 1977 by Huang Chen-hai, the current chairman. Headquartered in New Taipei City, it went public locally in 2001 and has about 9,000 workers on its payroll. The company has plants in China, Vietnam and Cambodia.
In 1983, Eclat developed a flexible knit fabric and launched commercial production. It makes products for such big global names as Nike, Adidas, Lululemon Athletica and Under Armour. While its primary focus is clothing for jogging and yoga, Eclat is expanding its lineup to include apparel for golf, tennis, rugby and other sports.
Eclat is known for its ability to understand its clients' needs and promptly customize the products accordingly. It also has a reputation for developing high-quality fabrics. These strengths have enabled it to avoid being dragged into cost-cutting competition.
Supported by a rapidly expanding customer base, Eclat chalked up group sales of more than 10 billion New Taiwan dollars ($306 million) for the first time in 2011. By 2014, the figure had doubled to NT$20.8 billion.
Business Summary
Financial Highlights
| Dec 2018 | TWD | USD |
| Revenue | 27,578.20M | 914.56M |
| Gross Profit | 7,810.82M | 259.02M |
| Operating income | 5,305.28M | 175.93M |
| Income before tax | 5,477.75M | 181.65M |
| Net income | 4,381.93M | 145.31M |
| EBITDA | 6,138.65M | 203.57M |
| Diluted EPS | 15.96 | 0.52 |
| Dividends Per Share | 11 | 0.36 |
| Total Assets | 22,140.88M | 720.33M |
| Total liabilities | 5,209.85M | 169.49M |
| Total equity | 16,931.03M | 550.83M |
| Operating cash flow | 4,959.61M | 164.47M |
| Currency in TWD | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 20,842.75M | 25,520.74M | 24,525.69M | 24,231.97M | 27,578.20M |
| Gross Profit | 5,377.26M | 7,040.34M | 6,883.80M | 6,528.90M | 7,810.82M |
| Operating income | 3,507.12M | 4,861.72M | 4,701.57M | 4,198.92M | 5,305.28M |
| Income before tax | 3,738.40M | 5,118.34M | 4,648.13M | 3,768.81M | 5,477.75M |
| Net income | 3,003.51M | 4,173.78M | 3,764.68M | 3,068.01M | 4,381.93M |
| EBITDA | 4,059.39M | 5,617.62M | 5,511.65M | 4,985.18M | 6,138.65M |
| Diluted EPS | 11.22 | 15.58 | 13.13 | 11.12 | 15.96 |
| Dividends Per Share | 7.79 | 10.29 | 10.29 | 9.50 | 11 |
| Total Assets | 14,924.68M | 17,682.16M | 19,908.06M | 20,066.41M | 22,140.88M |
| Total liabilities | 5,446.99M | 5,907.83M | 4,811.86M | 4,994.16M | 5,209.85M |
| Total equity | 9,477.69M | 11,774.32M | 15,096.20M | 15,072.24M | 16,931.03M |
| Operating cash flow | 3,145.53M | 4,665.20M | 4,296.56M | 2,848.25M | 4,959.61M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 687.80M | 803.70M | 760.46M | 796.50M | 914.56M |
| Gross Profit | 177.44M | 221.71M | 213.44M | 214.60M | 259.02M |
| Operating income | 115.73M | 153.10M | 145.78M | 138.01M | 175.93M |
| Income before tax | 123.36M | 161.18M | 144.12M | 123.88M | 181.65M |
| Net income | 99.11M | 131.44M | 116.73M | 100.84M | 145.31M |
| EBITDA | 133.95M | 176.91M | 170.89M | 163.86M | 203.57M |
| Diluted EPS | 0.37 | 0.49 | 0.40 | 0.36 | 0.52 |
| Dividends Per Share | 0.25 | 0.32 | 0.31 | 0.31 | 0.36 |
| Total Assets | 472.27M | 538.31M | 617.70M | 674.30M | 720.33M |
| Total liabilities | 172.36M | 179.85M | 149.30M | 167.82M | 169.49M |
| Total equity | 299.90M | 358.45M | 468.40M | 506.48M | 550.83M |
| Operating cash flow | 103.80M | 146.91M | 133.22M | 93.62M | 164.47M |
Valuation Measures
| Dec 2018 | |
| PER | 21.80 |
| ROA | 20.76% |
| ROE | 27.38% |
| Operating margin | 19.23% |
| Profit margin | 15.88% |
Key executives
- Chairman, Head-Research & Development: Chen Hai Hung
- Co-General Manager & General Manager-Weaving: Chun Chin Tsai
- Co-General Manager, Director & GM-Garment: Kun Tang Chen
- Director, Head-Finance & Accounting: Jen Chieh Lo
- Deputy General Manager-Weaving Division: Sheng Tien Li
Shareholders
- Yi Yuan Investment Co. Ltd. /Eclat Textile/ (9.3%)
- TSAI HSIEN CHIN (7.8%)
- CHEN CHING FANG (3.4%)
- Harding Loevner LP (3.3%)
- HUNG CHEN HAI (3.2%)
- WANG CHENG CHIN CHIH (3.0%)
- WANG FENG CHEN (2.8%)
- The Vanguard Group, Inc. (2.5%)
- Cathay Life Insurance Co., Ltd. (Invt Port) (2.1%)
- Fubon Life Insurance Co., Ltd. (1.8%)
Contact Details
- Website:http://www.eclat.com.tw
- Address: 28 Wuchuan Road, Wugu District, Taipei, 248, Taiwan
- Phone: +886.2.22996000
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Competitors
- Makalot Industrial Co., Ltd.
- PT Sri Rejeki Isman Tbk
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Last Updated on 21 May, 2019